How we make money
You pay just one low fee for your Covestor account. This varies between 0.5 and 2.5 percent, depending on the Manager and the model. We share this fee 50/50 with the Manager.
We charge a minimum of $12.50 per subscription
per month.
Your Portfolio Sync will be executed with speed and efficiency by Interactive Brokerage for $1 a trade – which is precisely what they charge us. IB has been around for 35 years, operates around the world with 850 employees, and has $4 billion in equity capital. We do not make money on transaction costs incurred in your brokerage account. Like Church & State, we believe in keeping your brokerage and advisor relationship separate.