Altman Investment Management (AIM) offers ongoing portfolio management services tailored to each client's needs, including investment strategy, asset allocation, and risk tolerance. AIM manages accounts on both a discretionary and non-discretionary basis. AIM also provides investment advice through consultations. AIM primarily uses domestic and foreign equity securities, ETFs, government securities, corporate and municipal debt, money market funds, and REITs.
Fee Structure
Altman Investment Management charges a percentage of your portfolio's value each year. There are two fee schedules, one for "Equity and Balanced" accounts and another "Fixed Fee Schedule" for new clients after March 31, 2011. Fees are negotiable.
Equity and Balanced Fee Schedule:
- First $1,000,000: 1.25%
- Next $2,000,000: 0.95%
- Next $7,000,000: 0.75%
- Next $40,000,000: 0.55%
- Value in excess of $50,000,000: Negotiable
Minimum Discretionary Fee: $7,500 Minimum Non-Discretionary Fee: $8,500
Fixed Fee Schedule (New Clients from March 31, 2011):
- First $1,000,000: 0.50%
- Next $2,000,000: 0.20%
- Next $7,000,000: 0.15%
- Value in excess of $50,000,000: Negotiable
Minimum Discretionary Fee: $20,000
There is a surcharge of 0.1% for non-discretionary accounts.