Family Manage LLC (FM) is a wealth management firm offering personalized financial services to high net worth individuals, families, and not-for-profit organizations. FM provides discretionary investment management, recommends third-party managers, and offers life insurance solutions through an affiliate. FM takes a personal interest in clients' financial health and works with other specialists to create individualized solutions.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 2.00% |
| $1.0M - $5.0M | 1.50% |
| $5M+ | 1.00% |
These fees apply to common stocks, convertible preferred shares, Third-Party Managers and TAMPs, and all other equity-type assets managed by FM. For bonds, cash, and other fixed income securities, the annual fee is: Under $1,000,000: 1.00%, $1,000,000 - $5,000,000: 0.75%, $5,000,000 - $10,000,000: 0.50%, Over $10,000,000: 0.40%. For retirement plan accounts, FM charges a level advisory fee of 1% of the account value. Fees may be negotiable.