Its Asset Management, L.P.
Assets Under Management
$282.8M
Number of Clients
794
Number of Advisors
2
Avg. Portfolio per Client
$356K
Avg. Managed per Advisor
$141.4M
Compensation
Fee-Only (% of Portfolio)
About This Firm
ITS Asset Management has been managing investments since 1970. They offer several investment strategies, including Dynamic, Global Premier, and Income Plus, using mutual funds and exchange-traded funds (ETFs). ITS aims to accommodate clients with different risk tolerances and investment goals. ITS uses a Disciplined Active Portfolio Management (DAPM) approach. ITS does not customize its investment advice to individual client needs, but rather around the management program’s discipline and objectives.
Fee Structure
ITS Asset Management charges an annual advisory fee based on a percentage of the assets they manage. The maximum annual advisory fee is 2.00%. The fee can vary based on factors like account size, inception date, or participation in an employer-sponsored retirement plan. The fee is automatically deducted from the client's account quarterly. Clients can cancel advisory services at any time, and prepaid fees are refunded on a prorated basis. PTS Asset Management offers both platform and non-platform accounts with different fee schedules. Platform accounts are custodied at Millennium Trust Company and Axos Advisor Services. Non-platform accounts are custodied at mutual fund or variable annuity companies. Fees for non-platform accounts range from 2.25% on the first $250,000 to negotiable for amounts over $1,000,001. Fees for platform accounts range from 2.00% on the first $250,000 to negotiable for amounts over $1,000,001.
Areas of Practice
Location
565 Washington Avenue, Suite 7, North Haven, CT, 06473