Citadel Investment Advisory is a small, owner-operated registered investment advisor based in Chesterland, Ohio, founded in 1996 by Kurt T. Liedtke. Citadel specializes in managing individual investment portfolios using a dynamic, fundamental buy-and-hold strategy focused primarily on publicly traded equities. Unlike firms that diversify broadly, Citadel's approach allows for high concentrations in specific companies and industries, meaning portfolios can experience significant swings in value. The firm operates with complete authority to make trades without asking clients first, following a single investment style across all accounts. Citadel does not provide standalone financial planning or tax preparation services, focusing exclusively on discretionary investment management for individuals, trusts, retirement accounts, and estates.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K+ | 1.25% |
Fees are negotiable and may be more or less than the general rate. Billed quarterly in advance.