For those clients that have accumulated some savings but life and busy careers don't allow for time to focus on the next steps of family wealth creation, we can manage your entire asset portfolio, giving you a "hands off" approach to retirement. While we require an account minimum of $150,000, we would still hope to discuss your plans to grow your portfolio regardless of its size. For Asset Management, the most we charge for assets held at Altruist is an annual fee of 0.75% of assets, with a reduction in fees as your assets grow. For assets held away (401k, etc.), we charge an annual fee of 1.0% of assets. Our fees are deducted quarterly in arrears.
Asset Management Fee Structure |
|---|
Total Assets Under Management | Annual Fee (Altruist Accounts) |
| $0 - $1,000,000 | 0.75% |
| Next $1,500,000 | 0.60% |
Next $2,500,000 | 0.50% |
| Assets above $5,000,000 | 0.40% |
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