Sevensuede Investment Advisor (SIA) offers a manager of managers program where they select registered investment advisors to manage client portfolios based on individual circumstances. SIA also provides advisory referral services, assisting clients in choosing independent advisors. SIA monitors the performance of selected advisors and meets with clients to review their investments. SIA does not directly manage assets but oversees those managed by third-party managers.
Fee Structure
Sevensuede Investment Advisor (SIA) offers a Manager of Managers program where your annual fee depends on the portfolio manager and/or custodial platform selected. This fee is a percentage of the assets managed:
- Up to $999,999: 2.25% - 2.50%
- $1,000,000 - $4,999,999: 2.00% - 2.25%
- $5,000,000 and above: 2.00%
There may be an additional $200 quarterly fee for all accounts with less than $100,000.