William Mack & Associates (WM&A) is a fee-only registered investment advisor providing investment management and financial planning services. WM&A offers a Retainer Service that includes ongoing investment advice, investment tracking, trade execution, performance monitoring, and financial planning. WM&A also offers hourly-based financial planning services in areas like insurance, taxes, retirement, college planning, and estate planning.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $1.5M | 0.80% |
| $1.5M+ | 0.60% |
Annual fee is negotiable based on the size of the account and the particular circumstances of the client. WM&A recommends SpiderRock Advisors, LLC, (SRA) for covered call strategies. The annual investment management fee for the SRA covered call options strategy is .75% annually and charged as follows: SRA retains .50% for its implementation and management services and .25% is received by WM&A, as the client’s primary adviser for its ongoing monitoring of SRA’s services and performance.