Our philosophy on Market Savings fees – you shouldn’t pay fees if you don’t make money 

Man in a canoe on a lake thinking about Market Savings fees.

Our Market Savings fee structure is changing the investment world by doing something no other financial advisor is doing: If you don’t make money, we don’t make money.  

To put our customers first, we’re on a mission to build financial products that build your wealth. For Market Savings, your portfolio has to earn more than our management fee before we take our fee.  

This is how Market Savings management fee breaks down: 

If your Save portfolio earns less than 0.35% If your Save portfolio earns exactly 0.35% If your Save portfolio earns more than 0.35% 
Save charges no fee Save charges no fee You collect all earnings above 0.35% 
Initial investment stays intact Initial investment stays intact Initial investment stays intact 

Financial advisors use different compensation structures, but the most common method is to charge fees based on the amount of money under management. Moreover, this fee is charged regardless of the performance of the client’s investments. Meanwhile, with Market Savings, we take a different approach. We only charge a fee when your portfolio’s return is greater than our fee amount. And, as an added bonus, we don’t penalize customers for smaller deposits.  

Focusing on our customers and optimizing their experience is our primary goal. As proof of our success, 20% of our Market Savings customers make additional Market Savings deposits. We view customers’ redepositing with us as a sign that our customers’ experience, their belief in Market Savings, and our focus on their financial well-being has encouraged them to consistently deposit more money with us.  

Additionally, your initial deposit amount always stays intact while your investments mature and potentially grow. This is because all Save customers’ deposits are 100% FDIC-insured† to the maximum amount allowed by law. 

The standard amount covered by the FDIC is $250,000 per depositor, per ownership category, per FDIC-insured bank. This means that if you have $250,000 or less in an FDIC-insured account, all your money is fully protected. If you have $500,000 in a joint account, your deposits would still be fully insured as each owner is entitled to $250,000 worth of coverage. 

This security guarantee is made possible through the innovative partnership between Save and Webster Bank N.A., Member FDIC. Webster Bank is a leading bank in the Northeast that offers digital and traditional financial services to customers and commercial clients.  

While the upside potential of market returns gives your money a real chance to grow, FDIC-insured Webster Bank keeps your deposits safe. Currently, the Market Savings variable APY* is 8.96% for a 1-year term, as of June 2023. Therefore, no matter how your investment portfolio performs, your initial deposit will always be returned to you in full when your term comes to an end. 

We’re focused on earning your trust through quality experiences, product/portfolio performance, and having a customer-focused Market Savings fee structure, not earning as much as we can on your deposits. This allows us to build a long-term relationship with you so we can grow together. 

If you’re interested in joining us, sign-up for Save online. If you have questions, we’re here to help and encourage you to contact us.


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