Sit Fixed Income Advisors II, LLC is an independent investment advisor founded in 1984 and located in Minneapolis, Minnesota. Sit Fixed Income manages taxable and tax-exempt fixed income securities on a discretionary and non-discretionary basis for various clients, including high net worth individuals, pension funds, charitable institutions, foundations, and corporations. The firm focuses on a conservative investment management approach, emphasizing interest income, investment-grade securities, and stability of principal value. Sit Fixed Income manages billions in assets and operates alongside its parent company, Sit Investment Associates, Inc., which handles equity securities.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $10.0M | 0.20% |
| $10.0M - $20.0M | 0.20% |
| $20.0M - $30.0M | 0.20% |
| $30.0M - $40.0M | 0.20% |
| $40.0M - $50.0M | 0.20% |
| $50M+ | 0.20% |
Schedule reflects the Balanced strategy. Other strategies have different fee schedules ranging from 0.20% to 1.00%, and certain strategies include performance-based fees. Fees are negotiable for larger accounts.