Assets Under Management
$1.4B
Number of Clients
461
Number of Advisors
7
Avg. Portfolio per Client
$2.9M
Avg. Managed per Advisor
$193.7M
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
About This Firm
Octagon Financial Services (OFS) offers financial planning, portfolio management, cash management, and tax services tailored to entertainers and professional athletes. OFS works with independent institutional investment managers, brokerage firms, insurance companies, and banks to provide a diverse range of financial products and services. OFS primarily allocates client assets among various third-party managers but may also manage a portion of client accounts internally.
Fee Structure
OFS charges an annual fee of 1.00% of the assets they manage. This fee covers investment in managed account programs, mutual fund programs, cash management accounts, and other investments. The fee is subject to a minimum, which varies depending on the sport the client is involved in. This fee does not include any fees or expenses the client incurs with respect to a managed account program, cash management account, or other accounts or investments.
Areas of Practice
Location
7950 Jones Branch Drive, Suite 700N, Mclean, VA, 22102