BTS Asset Management manages investment portfolios for individuals, high net worth individuals, and institutions. BTS uses both tactical and strategic asset allocation strategies, adjusting portfolios based on market conditions. Tactical portfolios aim to preserve capital in down markets and capture gains in rising markets. Strategic portfolios rebalance quarterly. BTS also provides model portfolios to other advisors and wrap fee programs.
Fee Structure
BTS Asset Management charges a percentage of your portfolio annually, with rates varying based on the specific investment strategy and the amount you invest. Fees also depend on whether you came to BTS directly or through a financial representative. Here's a general overview of how the fees work:
- Tactical Asset Allocation Portfolios: Higher fees, starting at 1.25% for smaller accounts.
- Strategic Asset Allocation Portfolios: Lower fees, starting at 0.60% for smaller accounts.
- Multi-Strategy Portfolios: Fees start at 1.00% for smaller accounts.
- Strategic Income Portfolio: Fees start at 0.30% for smaller accounts.
- Managed Income Portfolio: Fees start at 0.65% for smaller accounts.
- Gold Tactical Asset Allocation Portfolio: Fees start at 0.65% for smaller accounts.
- Tax-Advantaged Bond Asset Allocation and Municipal High-Yield Bond portfolios: Fees start at 0.65% for smaller accounts.
- Enhanced Equity Income Portfolio: Fees start at 0.55% for smaller accounts.
Keep in mind that these are just starting points, and the exact fee you pay will depend on your specific situation. Also, there may be additional fees charged by the funds themselves or by the custodian holding your assets.