Shearwater Capital, LLC manages investment portfolios and provides comprehensive financial planning for individuals, families, high-net-worth clients, trusts, and retirement plans. Founded in 1999 and based in Denver, Colorado, Shearwater Capital takes a scientific approach to investing centered on broad global diversification, tax efficiency, and low fees. The firm primarily utilizes no-load mutual funds and exchange-traded funds from Dimensional Fund Advisors, building customized portfolios based on each client's unique Investment Policy Statement. Shearwater Capital operates on a fee-only structure, charging fees based on the total value of assets managed across a household, and does not sell insurance or financial products for commissions. The firm holds no direct custody of client funds, instead utilizing independent third-party custodians such as Charles Schwab and TIAA.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 0.85% |
| $100K - $250K | 0.75% |
| $250K - $500K | 0.65% |
| $500K - $1.0M | 0.55% |
| $1.0M - $2.5M | 0.45% |
| $2.5M - $5.0M | 0.35% |
| $5.0M - $10.0M | 0.25% |
| $10M+ | 0.15% |
Fees are based on total household assets under management rather than a tiered structure per account. Fees are negotiable.