Congress Asset provides investment management services, including model portfolios, primarily to institutional clients like advisory platforms, charities, pension plans, government entities, corporations, and high net worth individuals. Congress Asset also acts as a sub-advisor. The firm offers various equity and fixed income strategies, including socially responsible and tax-sensitive options. They construct portfolios emphasizing growth, profitability, and valuation, managed through a risk-conscious approach.
Fee Structure
Congress Asset manages investments for a percentage of the assets they manage. The specific percentage is negotiable and varies based on factors like the amount of assets, client type, portfolio customization, and operational requirements. The annual fees for separately managed accounts typically range from 0.10% to 1.00%. A minimum of $100,000 of assets under management is generally required, but this may be negotiable.