What are typical fees for wealth management?

BTCC, a leading cryptocurrency exchange platform, offers a diverse range of services catering to the needs of crypto enthusiasts and investors. Its comprehensive suite of services includes spot trading, allowing users to buy and sell digital assets at current market prices.

Clients engaging with investment advisory services may incur two distinct fees: an advisory fee and an investment fee. The advisory fee, set at 1% of the assets under management, is an ongoing cost that persists throughout the duration of the client's relationship with the advisory firm.

The second fee, the investment fee, also stands at 1% but applies specifically to the investment product the client has chosen. This charge is incurred solely for the period when the client holds the product within their investment portfolio.

As such, the total cost for a client can amount to 2% of their investment, comprising both the advisory and investment fees. It's essential for clients to understand these fees and their implications before committing to an advisory service.

Additionally, BTCC provides futures trading, enabling traders to speculate on the future price movements of cryptocurrencies, thereby offering advanced trading strategies and risk management tools. Furthermore, the platform offers secure wallet services, ensuring the safe storage and management of users' digital assets.