Private Asset Management is a wealth advisory firm that helps high-net-worth individuals and families with their financial needs. Private Asset works with clients to define their financial goals, risk tolerance, and time horizon. From there, Private Asset designs a portfolio strategy and determines the appropriate investments. Private Asset also coordinates with other professionals, such as accountants and attorneys, to provide comprehensive wealth management services. Private Asset is transitioning to a business model where it will utilize more authority to make trades without asking first.
| Portfolio Value | Annual Fee |
|---|---|
| Up to $3.0M | 1.00% |
| $3.0M - $4.0M | 0.85% |
| $4.0M - $5.0M | 0.70% |
| $5.0M - $10.0M | 0.50% |
| $10.0M - $20.0M | 0.35% |
| $20M+ | 0.35% |
Fees are negotiable for accounts over $20 million.