Westchester Capital Management provides ongoing investment management services, creating customized investment plans for clients. They consider factors like income, tax status, and financial goals. They primarily use equities, bonds, and sometimes mutual funds or exchange-traded funds to build diversified portfolios. They manage accounts at custodians like Charles Schwab, directing investment transactions with client authorization.
Assets Under Management$560M
Clients467
Advisors3
Avg. per Client$1.2M
Avg. per Advisor$190M
Fee Structure
Minimum Investment:$100K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.5M | 1.00% |
| $2.5M - $5.0M | 0.80% |
| $5.0M - $7.5M | 0.60% |
| $7.5M - $10.0M | 0.50% |
| $10.0M - $15.0M | 0.40% |
| $15.0M - $20.0M | 0.35% |
| $20M+ | 0.35% |
Fees are negotiable for accounts over $20,000,000. New accounts receive a fee reduction for the quarter in which account inception occurred. There are scenarios for which Westchester Capital Management, Inc. will not bill on certain securities held in the account.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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