Concentric Innovation offers customized portfolios through Separately Managed Accounts (SMAs) and Unified Managed Accounts (UMAs). They provide services like tax loss harvesting, ESG overlays, and custom index exposures. Concentric primarily works with other registered investment advisors (RIAs) and financial institutions, but also manages accounts directly for individuals and families. Concentric is affiliated with Pathstone, which provides administrative and operational support.
Fee Structure
Concentric Innovation charges a quarterly fee for its services, which varies depending on the specific agreement with each client or registered investment advisor (RIA). The fee schedule for direct clients ranges from approximately 0.00% to 0.50% per year. For sub-advisory relationships, fees range from approximately 0.05% to 0.50% per year, depending on the platform, strategy, and complexity of the engagement. These fees are subject to change with notice. Additional fees may include third-party model manager fees and index or benchmark provider fees.