Smith Moore, founded in 1913, offers investment advisory services including managing client assets directly or through third-party investment managers. Your financial advisor will work with you to create an investment strategy based on your goals and risk tolerance. Smith Moore also provides investment consulting and financial planning services covering areas like retirement, tax, and estate planning. They can manage your account with or without your prior approval for each trade.
Fee Structure
Smith Moore charges an annual fee for managing your investments, ranging from 0.5% to 3% of the value of your portfolio. The fee is calculated quarterly based on the average value of your account. The exact fee is negotiable and depends on factors like the amount of assets managed and the complexity of your portfolio. You'll also pay other charges like administrative service fees and internal fees charged by mutual funds and ETFs.