Rivo charges a flat monthly management fee of 5 basis points (0.05%), calculated on the average daily balance of your Rivo account. The fee is automatically deducted from your account each month. If the account's cash balance is insufficient, the system will automatically liquidate a sufficient amount of Treasury bills to cover the fee.
Investments in T-bills: Not FDIC Insured - No Bank Guarantee - May Lose Value. All U.S. treasury investments and investment advisory services provided by Jiko Securities, Inc., a registered broker-dealer, member FINRA and SIPC. Securities in your account are protected up to $500,000. For details, please see www.sipc.org. Banking services provided by Jiko Bank, a division of Mid-Central National Bank. Jiko Group, Inc. and its affiliates do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions. This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. See FINRA BrokerCheck, Jiko U.S. Treasuries Risk Disclosures and Jiko Securities Inc. Form CRS.