Investors Capital Management (ICM) offers investment management and financial guidance to individuals, families, trusts, foundations, pension accounts, and charitable organizations. ICM creates customized investment portfolios based on each client's needs and goals, using various investments like ETFs, mutual funds, stocks, and bonds. ICM acts as a legally required to act in your best interest and focuses on being accessible and responsive to clients.
Fee Structure
ICM charges an annual fee based on the type of account and the amount you invest. The fee is calculated quarterly in advance, and any unearned portion is refunded if you end the agreement early. Here's a breakdown of the annual rates:
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Equities Only:
- Up to $500,000: 1.25%
- The next $4,500,000: 0.90%
- Over $5,000,000: Negotiable
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Balanced:
- Up to $500,000: 1.00%
- The next $4,500,000: 0.75%
- Over $5,000,000: Negotiable
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Fixed Income Only:
- Up to $500,000: 0.75%
- The next $4,500,000: 0.56%
- Over $5,000,000: Negotiable
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Mutual Funds and ETFs Only:
- Up to $500,000: 0.50%
- The next $4,500,000: 0.50%
- Over $5,000,000: Negotiable
ICM also offers a monitoring service for accounts they don't manage directly, with a negotiable fee.