Average daily balance

Average daily balance is a fee calculation basis that averages an account's value across every day of the billing period, rather than using a single point-in-time balance.

It is fairer to both parties than a period-end snapshot, and it is more sensitive to error, because a single bad valuation day propagates into the fee.

Questions this did not answer? Ask them directly — that is what the twenty minutes is for.

Schedule a call Call 888-438-8997