Bates Financial Advisors offers investment management based on individual client needs, developing a personal investment policy through discussions about goals, risk tolerance, and time horizons. They manage accounts on a discretionary or non-discretionary basis. The firm also provides financial planning services, evaluating a client's current and future financial state. Consulting services are available on specific financial topics. Bates Financial Advisors is affiliated with Bates Securities, Inc., a broker-dealer, and Bates Financial Services, Inc., an insurance agency.
Fee Structure
Bates Financial Advisors manages investment portfolios for a fee based on a percentage of the value of your portfolio, generally ranging from 0.25% to 1.00% per year. There is a $100,000 minimum to use this service, but this may be negotiable. There is also a $175 minimum quarterly fee.