16. Fees and Charges

  1. Tiered Annual Platform Fee: For new accounts funded on or after January 1, 2025, a tiered annual platform fee structure as follows:

    1. The first USD100,000: Charged at 1.25% per year.

    2. The next USD400,000: Charged at 1.00% per year.

    3. The next USD500,000: Charged at 0.50% per year.

    4. Above USD1,000,000: Charged at 0.25% per year.

    5. Funds exceeding $20 million: Free of charge.

    Existing clients as of December 31, 2024, will continue under their current fee billing structure unless they opt to migrate to the new terms.

  2. Monthly Platform Fee: For accounts funded on or before December 31, 2024, a monthly platform fee is charged for the use of the services provided to you by Vault at the rate of 0.7 percent per annum for account balances less than USD500,000 and 0.4 percent per annum for accounts with a balance above USD500,000. No other fees or charges are imposed for the use of the services. These fees are exclusive of any VAT or other similar taxes, which if payable will be payable by you.

  3. Any sums due to Vault or to any other person in respect of fees or otherwise pursuant to this Agreement (including any applicable VAT) may be withdrawn from the Account and you authorize IBKR to make payment of fees to Vault. Further, we may deduct your Account with the full amount of any fees payable by you, or any other monies owed by you to us pursuant to any liability of any nature arising in respect of the Account or otherwise. For this purpose, we may withdraw and collect uninvested cash in your Account and/or sell your assets and collect the proceeds from such sale for such purpose.

  4. Vault may amend the fees set out in clause 16.1 & 16.2 in its sole discretion and provide you 60 days prior notice of the changes.

  5. For clients who seek financial planning or advisory services but do not wish to invest through Vault, an hourly fee of USD500 will be charged for financial planning meetings. This fee applies solely to advisory and planning services and will be invoiced separately from any other services. Clients are required to settle the invoice within 30 days of receipt. This fee is exclusive of VAT or any similar taxes, which will also be payable by the client where applicable.

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