Mitco Asset Management

Fee-Only (% of Portfolio)

Mitco Asset Management offers personalized portfolio management and access to private investment vehicles for individuals, trusts, and retirement accounts. Led by sole proprietor Robert W. Mitchell III, the firm builds diversified portfolios consisting of stocks, corporate bonds, and mutual funds based on each client's specific goals and risk tolerance. Mitco Asset Management operates on a non-discretionary basis, meaning client approval is required for all trades. Additionally, for qualified clients, the firm recommends private equity, venture capital, and direct investments in private companies, which may involve performance-based compensation.

Assets Under Management$98M
Clients74
Advisors1
Avg. per Client$1.3M
Avg. per Advisor$98M

Fee Structure

Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M1.00%
$1M+0.85%

Fees are non-negotiable. Private investment vehicles may involve performance-based fees of approximately 20% of realized gains.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

1 Advisors at this firm

Mitco Asset Management - Fees, AUM & Advisors | TrueAdvisor