Smith Affiliated Capital (SAC) offers investment advice for separately managed portfolios, catering to both individuals (including high net worth individuals) and institutional investors. SAC focuses on taxable and tax-exempt fixed income securities, as well as equity investments using individual stocks and ETFs. Investment strategies are tailored to meet specific client needs and objectives, including liability management, cash management, and asset allocation restrictions.
Fee Structure
Smith Affiliated Capital charges an annual management fee based on the investment strategy used. The fee is a percentage of the assets managed and is subject to negotiation based on factors like asset size and liquidity needs. Here are some examples of their annual fees:
- CashPlus: 0.15%
- Low Duration: 0.20%
- Intermediate: 0.30%
- Core: 0.40%
- Enhanced Fixed Income: 0.45%
- Preferred Income: 0.45%
- Equity and Precious Metals: 0.65%
- Short Municipal: 0.35%
- National Municipal: 0.40%