Barrett Capital Management, LLC is a registered investment advisor based in Richmond, Virginia, providing professional asset management services. The firm builds customized portfolios designed to align with each client's individual risk tolerance and investment goals, utilizing a proprietary quantitative strategy called Global AI alongside traditional diversification across various asset classes. Barrett Capital focuses primarily on long-term investing, ongoing portfolio monitoring, and periodic rebalancing. The firm does not provide standalone financial planning or consulting services, such as estate planning, tax preparation, or insurance sales, but can recommend outside professionals for those needs. Clients generally establish custody of their assets with Charles Schwab & Co., and Barrett Capital manages accounts on a discretionary basis, meaning they make trading decisions on the client's behalf based on a pre-approved Investment Policy Statement.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.5M | 1.50% |
| $1.5M - $5.0M | 1.25% |
| $5M+ | 1.00% |
Fees are negotiable at the firm's discretion based on factors such as anticipated future assets and total relationship size. 529 college savings plan accounts are charged a separate annual rate of 0.75%.