Berthel Fisher & Company Financial Services, INC.
Berthel Fisher & Company Financial Services offers financial planning and asset management services. Financial planning helps clients set long-term goals through investments, tax planning, and retirement planning. Asset management involves ongoing supervision of client accounts through platforms like Berthel Edge and Institutional RIA Platforms. Berthel Fisher also refers clients to outside money managers. Investment advice is limited to certain types of investments, excluding hedge funds and commodities futures.
Fee Structure
Berthel Fisher offers asset management services through various platforms. Fees are based on the amount of assets managed and are negotiable, with a maximum of 2.5% annually. Fees may be charged in advance or arrears, monthly or quarterly. Clients may incur additional charges from third parties, such as mutual fund expenses and IRA fees. Berthel Fisher prohibits purchases of 12b-1 fee-paying share classes in managed accounts. Clients should discuss the costs and benefits of each platform with their advisor to select the most suitable option.