Midwest Asset Management is an independent registered investment advisor founded in 1987, specializing in quantitative, systematic, and disciplined investment strategies for equities and fixed income securities. The firm manages portfolios using data-driven models, such as its quantitative value equity strategy and quantitative credit fixed income strategy, aiming to outperform benchmarks while minimizing expenses. In addition to investment management, Midwest provides limited consulting services covering investment goals, risk tolerance, expense analysis, and tax reduction strategies. All accounts are managed on a discretionary basis according to written client objectives. The firm emphasizes transparency and low-cost structures, though it is currently restructuring its balance sheet and temporarily not accepting new accounts until financing is secured. Midwest does not accept custody of client assets and maintains a strict code of ethics requiring employees to always place client interests first.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 0.50% |
| $500K - $1.0M | 0.45% |
| $1.0M - $2.0M | 0.40% |
| $2.0M - $3.0M | 0.35% |
| $3.0M - $10.0M | 0.30% |
| $10M+ | 0.30% |
Fees are negotiable and rates may vary based on account size and other factors. Accounts over $10M are negotiable.