Sovereign Asset Management offers investment management services to individuals and institutions through separately managed accounts. Sovereign Asset Management offers clients both an equity and balanced investment strategy to meet their needs. Sovereign Asset Management does not provide financial planning services, and does not advise clients in the selection of other investment advisors.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $3.0M | 1.00% |
| $3.0M - $6.0M | 0.75% |
| $6.0M - $10.0M | 0.65% |
| $10.0M - $25.0M | 0.55% |
| $25M+ | 0.45% |
Fees are negotiable upon limited circumstances which may include size of portfolio, type of account under management, or whether the portfolio is a charitable account. Clients whose portfolio contains mutual funds and/or exchange traded funds (ETF) pay two levels of advisory fees for the management of their assets; one directly to Sovereign and another indirectly to the mutual fund or ETF.