Financial Directions LLC, based in Tucson, Arizona, offers ongoing investment advice and portfolio management. They work with clients to create and manage portfolios based on their individual goals, risk tolerance, and financial situations. Financial Directions manages accounts on a discretionary basis, meaning they can make investment decisions without asking for permission each time. They primarily use Fidelity Investments as a custodian, providing access to a wide range of investment options.
Fee Structure
Financial Directions LLC primarily charges a percentage of the value of your portfolio each year. However, retainer fees can also be negotiated. The percentage charged decreases as the value of your portfolio increases:
- First $1,000,000: 1.00%
- $1,000,001 - $3,000,000: 0.6% - 1.00%
- Over $3,000,000: 0.5% - Negotiable
- Over $5,000,000: Negotiable
For accounts under a retainer, the fees are:
- $0 - $150,000: $100 - $1500 per year
- $150,001 - $1,000,000: $1500 - $10,000 per year
- $1,000,000 - $3,000,000: $10,000 - $15,000 per year
- Over $3,000,000: $15,000 - Negotiable per year
- Over $5,000,000: Negotiable per year