Sanders Morris (SM) offers investment advice primarily through wrap fee programs, where services like investment advice, research, and brokerage are bundled for a single fee. SM also provides services outside wrap fee programs, known as advisor-directed platforms. SM offers financial planning, seminars, and referral activities. SM's services are available to individuals, high net worth families, pension plans, trusts, estates, corporations, and other business entities. Investment advice is tailored to each client's financial situation, liquidity needs, time horizon, risk tolerance, and investment objectives.
Fee Structure
Sanders Morris offers investment management through various wrap fee programs. The fees vary depending on the program selected. The fees cover investment advice, selection, and allocation. The total program fee includes advisor fees and administrative fees. The advisor fee is negotiable, while the administrative fee is not. The total program fee is payable quarterly. The fee is based on the market value of the securities held in the account. The fee calculation follows a blended schedule. Lower fees may be available in other programs or from other sources. The fees do not include mutual fund or ETF expenses, margin interest, or other fees.