Naples Asset Management Company (NAMCOA) provides financial planning and investment management services. They work with clients to create financial outlines and investment plans based on their goals and risk tolerance. NAMCOA offers both discretionary and non-discretionary portfolio management. They may recommend investments in private funds and separate account managers. NAMCOA also provides retirement plan advisory services. A key aspect of their business involves using third-party platforms like Altruist and AXOS, which offer various services and investment options.
Fee Structure
NAMCOA's investment management fees are charged as part of a wrap fee program. These fees cover portfolio management, trade execution, custody, and client reporting. The annual wrap fees generally range from 1.00% to 2.00% of the value of your investments, but are negotiated individually with each client. The wrap fee may be more than if you purchased the services separately. NAMCOA may have an incentive to limit trading in your account because their execution costs can be based on the aggregate number of trades executed in the accounts of all wrap fee clients.