Eric Penz

Private Advisory Group charges an annual fee based on a percentage of the value of your portfolio. The typical schedule starts at 1.07% per year, while a secondary schedule starts at 1.35% per year, with specific tiers and breakpoints detailed in your agreement. Fees are billed monthly in advance based on the previous month-end portfolio value. Additionally, Private Advisory Group assesses an Asset Administration, Reporting & Technology fee of 0.03% annually, charged monthly on all managed assets.

For qualified clients with at least $1 million in the traditional management approach, Private Advisory Group also offers an optional performance-based fee of 18.3% of absolute annual return, subject to an intra-year high-water mark.