Newground Social Investment provides values-aligned money management and financial planning to individuals and institutions. They develop customized investment plans and coordinate with other professionals like tax accountants and estate attorneys. Newground focuses on socially responsible investing, considering environmental, social, and governance (ESG) factors in investment decisions.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $750K | 1.20% |
| $750K - $1.0M | 1.10% |
| $1.0M - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.90% |
| $5.0M - $10.0M | 0.75% |
| $10.0M - $35.0M | 0.60% |
| $35.0M - $50.0M | 0.45% |
| $50M+ | 0.30% |
For larger accounts, Newground may recommend engaging separate account managers as sub-advisors to directly manage portions of the overall portfolio, using individual securities instead of mutual funds or exchange traded funds (ETFs). Fees for separate account managers are in addition to the advisory fee schedules noted here. The current rates are 0.12% for fixed income (bond) management and 0.29% for tax- managed equities (stocks). For retirement and non-taxable accounts that cannot benefit from tax-efficient management, there is a 5 basis point reduction in the equity rate, to 0.24%. At the sole discretion of Newground, fees are negotiable.