SMS is a fee-only firm and as such does not accept commissions or any other form of compensation from non-client third party sources. Fees for investment management services are based on a percentage of the assets in the client’s account. Fees are charged quarterly, in advance on the first day of the quarter, based on the market value of the account on the last business day of the previous quarter. Fees are rounded to the nearest dollar.
We typically manage between $500,000 and $10 million on behalf of our clients. We do not have a minimum relationship size, but we do assess a minimum annual fee of $5,000.
Assets Under Management
1.00% First $1.5 Million
0.75% Next $1.5 Million to $5,000,000
0.50% All Amounts over $5 Million