Financial Consulting Associates is an independent financial advisory firm providing investment management using mutual funds, tax preparation, and limited financial consulting. The firm tailors investment portfolios to client needs and has discretionary authority to manage investments. The firm primarily serves individuals, IRAs, SEP accounts, and small business retirement plans. The firm is not actively seeking new clients.
Fee Structure
Financial Consulting Associates manages investments using a percentage of your portfolio's value. The fee is calculated quarterly, billed in advance. The annual fee varies based on the value of your portfolio. Clients with accounts over $100,000 for over three years or accounts over $50,000 for over six years may be eligible for a "Longevity Discount." The minimum account size is $250,000, but accounts over $100,000 may be considered.
The following fee structure applies to the entire valuation:
- Up to $50,000: 1.50% per year
- $50,000 to $100,000: 1.50% per year
- $100,000 to $200,000: 1.25% per year
The following fee structure applies to amounts over $200,000:
- $200,000 to $500,000: $2,000 plus 1.00% per year
The following fee structure applies to amounts over $500,000:
- $500,000 to $1,000,000: $4,000 plus 1.00% per year
The following fee structure applies to amounts over $1,000,000:
-
$1,000,000 to $1,500,000: $7,000 plus 0.70% per year
-
$1,500,000 to $2,000,000: 0.60% per year
-
Over $2,000,000: Negotiable