Powers Investment Advisory Corporation provides discretionary investment management services to individuals and high-net-worth clients. Founded in 1984 and based in Highland Heights, Ohio, the firm builds customized portfolios using fundamental analysis and a range of investments including mutual funds, exchange-traded funds, individual stocks, bonds, and real estate investment trusts. Powers Investment Advisory Corporation tailors its strategies to each client's specific goals, time horizon, and risk tolerance, with a general focus on generating income. In addition to investment management, the firm's owners offer affiliated services including tax preparation and independent insurance agency services.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.5M | 1.00% |
| $2.5M - $5.0M | 0.80% |
| $5M+ | 0.60% |
Fees are not negotiable. In addition to the asset management fee, an administrative fee applies for portfolios under $150,000 ranging from $100 to $250 annually.