Open Source Investments offers asset management services to individuals, trusts, foundations, and corporations. The firm works with clients to understand their investment goals, risk tolerance, and time horizons. Open Source uses various financial instruments, including individual equities, mutual funds, exchange traded funds (ETFs), international investments, and fixed income. They may also use another registered investment advisor for a portion of a client's advisory services. Open Source also manages 401(k) accounts held away from their primary custodian using a system provided by Pontera.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.95% |
| $250K - $500K | 1.80% |
| $500K+ | 1.70% |
These fees are for the OASIS Program. Open Source Investments also offers the AMF - Allocation and Managed Funds program with the following fee schedule: * First $250,000: 1.3% per year * $250,000 - $500,000: 1.2% per year * $500,000 - $750,000: 1.1% per year * $750,000 - $1,000,000: 1.0% per year * Over $1,000,000: 0.8% per year Fees are negotiable in some circumstances.