McGowanGroup Asset Management (MGAM) offers investment advisory services, including wrap fee programs and asset management. MGAM manages accounts based on clients' individual investment objectives, financial goals, and risk tolerance, using model investment portfolios. MGAM gathers information from clients about their financial situation and investment objectives to assist with allocation strategy. Clients are expected to notify MGAM of any changes that could affect their account.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.50% |
The annual advisory fee ranges from 0.59% to 1.50%. Discounted management rates are usually granted at the thresholds below: Greater than 1MM - .99% Greater than 3MM - .88% Greater than 10MM - .83% These rates and thresholds could change at any time upon the discretion of MGAM.