We charge a 2.85% annual fee for all of our services, which gets reduced to 2.5% when your portfolio balance exceeds $50,000. This includes wine buying, wine fraud detection, storage, insurance, and selling as well as active management of your portfolio. Although this may seem high when compared to traditional assets, wine investors who do not use Vinovest frequently find themselves paying 10 to 15% of the value of their portfolio every year on these costs. Vinovest’s fee is prorated across the year based on the average balance in your account, and a portion of this is charged monthly.
The minimum investment amount is $1,000.