ValueWorks provides investment management services, focusing on equity and fixed income securities. They use a value-based investment approach, seeking to buy assets at a discount to their perceived worth. ValueWorks primarily manages Separately Managed Accounts (SMAs) obtained through brokers or financial advisors, but also works directly with some clients. They are also the investment manager for hedge funds available to qualified investors.
Fee Structure
ValueWorks charges an annual fee for managing your investments, ranging from 1% to 2.5% of the value of your account. This fee is negotiable and can vary based on the specific program you participate in and the amount you invest. The fee covers ValueWorks' management services, but does not include fees charged by brokers/advisors, or for trading and custody.