Johnston Investment Counsel (JIC) offers financial planning and investment advisory services. JIC is a fee-only firm, meaning it doesn't sell products or accept commissions, and is legally required to act in your best interest. JIC offers comprehensive financial planning (project-based or ongoing), wealth management, portfolio management, enhanced cash management, retirement plan services, and institutional consulting.
Fee Structure
Johnston Investment Counsel offers several investment management programs:
- Comprehensive Wealth Management: Combines investment management and financial planning.
- Comprehensive Portfolio Management: Investment management only.
- Enhanced Cash Management: Manages short-term bond portfolios.
The annual fee is a percentage of your portfolio, paid quarterly. The exact percentage depends on the amount you invest. There is a $2,500 minimum annual fee for Comprehensive Wealth Management and Comprehensive Portfolio Management, and a $1,500 minimum annual fee for Enhanced Cash Management. If your account falls below the minimum fee threshold, Johnston Investment Counsel may terminate the relationship.
