Prodigy Asset Management specializes in managing investments for non-profit organizations and high-net-worth families. Prodigy acts as an outsourced chief investment officer, working with clients to create investment plans, set goals, and manage risk. Prodigy invests client assets in various asset classes, making adjustments as needed. They primarily use low-cost mutual funds and exchange-traded funds to access different segments of the global financial markets. Clients retain ownership rights to their accounts.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $3.0M | 1.00% |
| $3.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.60% |
| $10.0M - $25.0M | 0.40% |
| $25.0M - $50.0M | 0.30% |
| $50.0M - $200.0M | 0.20% |
| $200.0M - $400.0M | 0.17% |
| $400M+ | 0.15% |
Fee schedule shown is for high net worth individuals. Non-profit organizations have a different fee schedule: 0.750% on the first $5 million, .500% on assets greater than $5 million up to $10 million, .400% on assets greater than $10 million up to $25 million, .300% on assets greater than $25 million up to $50 million, .200% on assets greater than $50 million up to $200 million, .175% on assets greater than $200 million up to $400 million, .150% on assets greater than $400 million.