Mount Vernon Associates is an investment management firm that manages financial assets for tax-exempt institutions, taxable corporations, and individual investors. They focus on designing portfolios to meet each client's specific requirements through a thorough evaluation of their objectives. Mount Vernon uses a top-down approach to both equity and fixed-income management, believing that superior performance comes from recognizing and responding to changes in the economy and political arena.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.90% |
| $1.0M - $2.0M | 0.75% |
| $2.0M - $7.0M | 0.55% |
| $7.0M - $12.0M | 0.40% |
| $12.0M - $57.0M | 0.30% |
| $57M+ | 0.20% |
Fees are negotiable. Minimum fee for balanced and equity accounts is $4,500, which may be waived. Minimum fee for fixed-income accounts is $15,000, which may be waived. Fixed income schedule: 0.50% on the first $10,000,000, 0.40% on the next $40,000,000, 0.30% on the remainder.