Cumberland Advisors is a registered investment advisor headquartered in Sarasota, Florida, with roots dating back to 1973. The firm manages investment portfolios for high-net-worth individuals, institutions, and government entities, offering both traditional management accounts and participation in various wrap-fee programs. Cumberland Advisors specializes in a wide range of investment styles, including tax-free municipal bonds, taxable fixed-income securities, market-based exchange-traded fund portfolios, and balanced strategies. The firm's investment philosophy emphasizes risk management, capital preservation, and active management through full interest-rate and business cycles. For most investment styles, Cumberland Advisors generally requires a minimum household investable asset size of $1,000,000, though lower minimums apply to specific fixed-income and equity styles. In addition to portfolio management, Cumberland Advisors provides holistic investment management services that may include financial planning and consulting at no additional fee for clients whose customized portfolios are managed by the firm.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.00% |
Maximum annual fees vary by investment style: Exchange-Traded Fund portfolios charge up to 1.00%, Balanced portfolios up to 0.75%, Active/Passive portfolios up to 0.60%, and Fixed Income portfolios up to 0.525%. Fees are typically negotiable.