Mitchell Advisory provides comprehensive financial planning, investment management, and life insurance advisory services to individuals. Mitchell Advisory focuses on building diversified portfolios using no-load mutual funds, exchange-traded funds, and individual stocks or bonds based on an overall asset allocation strategy. The firm is led by Mitchell Martin and follows a value investing philosophy. Mitchell Advisory emphasizes acting in clients' best interests and operates without taking commissions from product sales. In addition to quarterly reporting, the firm offers a semiannual reporting and billing option. Mitchell Advisory encourages clients to use discount brokerages like Charles Schwab or TD Ameritrade to hold and execute investments, providing administrative ease and direct fee withdrawal capabilities.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.00% |
| $500K - $1.5M | 0.80% |
| $1.5M+ | 0.50% |
Rates reflect the quarterly billing schedule (0.25% on first $500K, 0.20% on next $1M, 0.125% thereafter annualized to 1.0%, 0.8%, and 0.5%). Firm also offers an alternative semiannual schedule with rates of 0.75%, 0.60%, and 0.375% respectively. Subject to an annual minimum of $2,000 and a maximum of $12,000. An initial setup fee of 0.5% or $500 (whichever is greater) applies.
