Lee Grout is a CFA-designated registered investment advisor at Newsquare Capital, LLC, based in Newtown Square, PA, with 5 years of industry experience. Lee operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 2,196 clients with $2.4B in assets under management.
Compensation
Firm Size
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Fee Structure
NewSquare Capital manages investments through a wrap fee program. The total fee you pay covers both NewSquare's investment management and the MML Investor Services representative's service fee. The MMLIS representative determines the total fee, up to a maximum of 1.75%. NewSquare's portion of the fee depends on the investment strategy used. For example, Enhanced Cash Management is 0.15% annually, while Relative Strength Individual Equity Models is 0.65%. There is also an MMLIS administrative fee of 0.05% for balances below $1,000,000 and 0.02% for balances over $1,000,000. NewSquare may reduce its portion of the fee based on the amount of assets invested with the firm.
Location
16 Campus Boulevard, Suite 100, Newtown Square, PA, 19073-3229
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
Newsquare Capital, LLC
Previous Registrations
Killen Group INC
State Registrations1 state
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