Fees are based on the program selected. The firm offers wrap and non-wrap fee programs. In a non-wrap program, clients will separately incur commissions and/or other transaction charges for each trade placed in the client’s account in addition to investment advisory fees. The brochure mentions that fees charged through the Envestnet Asset Management Program may be as high as 2.8% per year or greater depending on account size, household aggregation, the use of overlays, model or manager fees, and other services selected.