North Point Portfolio Managers Corporation manages investment portfolios, primarily stocks and bonds, for individuals, high net worth individuals, pension and profit sharing plans, non-profit organizations, and corporations. North Point works with clients to determine their goals, risk tolerance, and time horizon to create a suitable asset allocation. They manage accounts on a discretionary basis, but will allow reasonable restrictions on investments.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.90% |
| $1.0M - $5.0M | 0.60% |
| $5.0M - $25.0M | 0.50% |
| $25M+ | 0.40% |
Applied at 1.0% of the first $500,000 and 0.8% of the next $500,000 of investments. Fee schedule for endowment funds or charitable organizations and trusts for managed balanced portfolios: First $1 million 0.72% (applied at 0.8% of the first $500,000 and 0.64% of the next $500,000 of investments), Next $4 million 0.48%, Amount over $5 million 0.4%. The fee schedule for relationships over $40 million and sizeable all-equity institutional relationships are negotiable.