Private Management Group constructs and manages investment portfolios tailored to each client's specific risk and return objectives. Operating since 1986, the firm utilizes fundamental analysis to build long-term stock and bond portfolios, supplementing them with shorter-term tactical adjustments. Private Management Group emphasizes absolute returns compared against a risk-free benchmark plus a required return, rather than relying solely on traditional market indexes. Client assets are typically held at Charles Schwab & Co., where the firm maintains discretionary trading authority. Private Management Group serves individuals, pension and profit-sharing plans, trusts, estates, and business entities. While the firm recommends a minimum account size of $250,000 to achieve proper portfolio diversification, it does not enforce a strict dollar minimum. Portfolio management services include continuous supervision, regular rebalancing, and detailed quarterly reporting.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 1.60% |
| $100K - $1.0M | 1.40% |
| $1.0M - $2.0M | 1.00% |
| $2.0M - $10.0M | 0.80% |
| $10M+ | 0.60% |
Fees are negotiable. Discounts may apply for relatives, firm associates, trial accounts, long-term client relationships, or charitable accounts. Household accounts may be aggregated to lower fees.