Strategic Asset Management works with clients to determine their investment objectives and risk profile, then designs a written investment policy statement. They use software to evaluate portfolio designs and help clients select investment strategies. Strategic Asset Management analyzes clients' financial conditions, recommends options to achieve financial objectives, implements investment strategies, and monitors investment performance. Assets are invested primarily in no-load or low-load mutual funds and exchange-traded funds.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $200K | 1.85% |
| $200K - $500K | 1.45% |
| $500K - $1000K | 1.20% |
| $1M+ | 1.00% |
Lower fees may be charged on accounts greater than $2 million. Fees may also vary based on individual or family circumstances. Members of Strategic Asset Management, LLC are charged a maximum annual fee of .50% with a maximum fee of $10,000 per member. Immediate family members of the members of Strategic Asset Management, LLC (parents or siblings) are charged a maximum annual fee of .90%.