Riggs Asset Management offers investment management services tailored to each client's needs. They also provide limited, unsolicited consultation on investment and non-investment matters like estate planning and tax planning. Riggs has a family office function for high net worth individuals and families, providing bill paying, bookkeeping, budgeting, and cash flow management. Riggs may engage a sub-advisor, First Trust Direct Indexing L.P., for investment management services.
Assets Under Management$640M
Clients430
Advisors8
Avg. per Client$1.5M
Avg. per Advisor$80M
Fee Structure
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5.0M - $10.0M | 0.85% |
| $10.0M - $15.0M | 0.75% |
| $15M+ | 0.75% |
Fee above $15,000,000 is negotiable. Clients may bear an additional annual fee rate of 0.30% of the account value per year with a minimum fee of $1,500 per account per year if Riggs engages First Trust Direct Indexing L.P. as a sub advisor.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
Loading...