Burns Matteson Capital Management offers financial planning and investment management services. Financial planning includes investment, estate, income tax, retirement, employee stock option, college education, cash flow, insurance, wealth transfer, and charitable gift planning. Investment management involves allocating assets among stocks, bonds, mutual funds, and exchange-traded funds based on client objectives. Wealth management services are available for families with a minimum net worth of $2 million.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.80% |
| $2.0M - $3.0M | 0.60% |
| $3.0M - $4.0M | 0.50% |
| $4.0M - $5.0M | 0.40% |
| $5M+ | 0.30% |
Existing clients are currently grandfathered under the fee schedule in place when they first joined the firm. If a client’s portfolio should ever fall below $500,000, the investment management fee will be 1.50% annually until such time that the client’s account has reached $500,000. The investment management fee for any account under $500,000 is capped at a maximum of $5,000 annually.