Fairbanks Capital Management (FCM) offers investment management services, making all buy and sell decisions for clients. FCM primarily invests in equities, municipal securities, money market funds, and master limited partnerships. FCM does not generally provide comprehensive financial planning services, but may offer financial planning related services as part of their overall advisory services. Clients can place restrictions on their accounts, but FCM may decline management if restrictions are too limiting.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.70% |
| $500K+ | 1.70% |
Lower fees apply to higher amounts of relationship assets. Short Term Fixed Income is assessed at half the rate of equities. Cash assets and money market securities are included in the fee calculation at the rate that reflects whether cash will be used to invest in equities or fixed income. Fees are negotiable in certain circumstances.