Harris Associates manages investments for individuals and institutions, offering various strategies like U.S. large value equity, global equity, and balanced portfolios. Harris primarily provides discretionary investment advisory services, meaning they make investment decisions without consulting you for each transaction. They also offer non-discretionary services where you make the final decisions. Harris may agree to certain investment guidelines or restrictions requested by a client.
Fee Structure
Harris Associates manages investments for private wealth clients and institutional clients. The fees are based on a percentage of the value of the assets managed. The specific percentage varies depending on the investment strategy and the amount invested. Fees are generally paid quarterly. Minimum account sizes apply for each investment strategy. Advisory fees may vary based on factors such as the account's inception date, size, responsibilities, services provided, and relationship to Harris.