Needham Advisory offers personalized investment management and financial counseling services. They tailor investment portfolios to meet individual client needs, focusing on defining financial goals and identifying strategies to achieve them. Services include goal definition, asset allocation, quarterly reporting, and coordination with other professional advisors. Needham Advisory acts as a fiduciary and does not receive commissions or sell products.
Fee Structure
Needham Advisory charges a percentage of your portfolio's value each year for investment management. The specific rate depends on which fee schedule applies to you, based on when you became a client.
For clients before October 4, 2018 (formerly RBNAC clients):
- 1% annually on assets up to $2,000,000
- 0.5% annually on assets over $2,000,000
- Minimum annual fee of $1,500
For clients before October 4, 2018 (formerly Kimball Capital Management clients):
- 1.25% annually on assets up to $2,000,000
- 1.00% annually on the next $2,000,000
- 0.75% annually on the next $5,000,000
- 0.60% annually on the next $15,000,000
- 0.45% annually on assets over $25,000,000
For clients after October 4, 2018:
- 1.00% annually on assets up to $2,000,000
- 0.75% annually on the next $3,000,000
- 0.50% annually on assets over $5,000,000