Why is there an administrative fee?
The administrative fee is used to pay our investor relations, marketing and technology costs associated with onboarding new investors. The administrative fee ranges between 0% and 2% depending on the size of the investment. We show every fee upfront because we want you to know what you are paying and believe the value we provide far exceeds the cost. We don’t pay third-party marketers because we believe it’s important to have a direct line of communication with our investment partners and it’s another example of how we keep fees to a minimum while also controlling the quality of the experience. Note that the administrative fee is taken off the front end of your investment. For example, if your investment is $100,000 with a 2% administrative fee, then the preferred return and dividend will be based on an investment value of $98,000.