Bard Associates manages investment portfolios for individuals, retirement accounts, trusts, and other entities, using a long-term, buy-and-hold strategy. Founded in 1983 and based in Chicago, Illinois, Bard Associates builds customized portfolios tailored to each client's specific risk tolerance, ranging from conservative defensive investments to aggressive micro-cap stock strategies. The firm specializes in investing in smaller companies, believing they offer higher long-term returns and easier financial analysis, while also providing options for larger-cap stocks and defensive assets like bonds and cash equivalents. Bard Associates operates with discretionary trading authority, meaning they make investment decisions on behalf of clients based on pre-approved guidelines. The firm also manages a private micro-cap value fund and provides portfolio monitoring services for self-managed accounts, but does not offer comprehensive financial planning services.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $3.0M | 0.80% |
| $3.0M - $4.0M | 0.70% |
| $4.0M - $5.0M | 0.60% |
| $5M+ | 0.50% |
Fees may be negotiated for large accounts, and family accounts can be combined for fee calculation.