James Loken

Sovran Advisors charges an asset-based fee for investment management services, calculated as a percentage of your portfolio. The total fee includes an advisor fee, a technology fee of 0.06% per year, and potential model fees ranging from 0.01% to 0.13% per year depending on the selected portfolio model. Advisor fees can be tiered, flat, or linear, and the total fee will not exceed 2.0% of assets under management per year. Fees are calculated monthly in arrears based on the average daily balance of your account. Minimum account sizes generally start at $25,000 for standard programs, though specific platform requirements may vary.