Investment Management
Don’t want to manage your own investments?
With the Investment Management service, you can transfer your investment portfolio (or a portion of it) to an account where you’ll give Spencer Financial Planning the authority to manage it for you.
The account will still be yours. You’ll still retain the right to withdraw or move the assets at any time.
You’ll just give Spencer Financial Planning the authority to use our expertise to make buy & sell decisions on your behalf.
Investment Management is included in the Comprehensive Financial Planning service.
Fees & Pricing
Investment Management is included as an option with the Comprehensive Financial Planning service. You’ll pay one fee that will cover both services.
Otherwise, Investment Management clients will be charged the fee structure below. The fee will be paid on a quarterly basis, based on the value of the portfolio as of each quarter-end.
The fee tiers above are added together to come up with a total fee. So for a $2,500,000 portfolio, the first $500K is assessed at 0.3125%, the next $500K at 0.25%, the next $1M at 0.1625%, and the last $500K at 0.125%, for a total quarterly fee of $5,062.50 ($1,562.50 + $1,250 + $1,625 + $625).
If you have questions about what this table means and how the fee would be calculated, just get in touch with us.