Claris Advisors manages investment portfolios and provides financial planning and consulting services for individuals, trusts, charitable organizations, businesses, and qualified retirement plans. Claris Advisors primarily uses a buy-and-hold strategy built around low-cost, passively managed mutual funds from Dimensional Fund Advisors, along with individual bonds and exchange-traded funds. Claris Advisors works closely with clients to understand their risk tolerance and goals, developing a written investment policy statement and monitoring portfolios on a continuous basis. Claris Advisors also collaborates with an affiliated accounting firm to offer business consulting, tax strategies, estate planning, and retirement planning. Claris Advisors operates with a team of individual owners and utilizes independent sub-advisors to assist with portfolio modeling and fixed income management.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.85% |
| $250K - $500K | 1.25% |
| $500K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $3.0M | 0.80% |
| $3.0M - $4.0M | 0.70% |
| $4.0M - $5.0M | 0.60% |
| $5M+ | 0.50% |
Fees and account minimums may be negotiable. Not-for-profits are charged 75% of the standard fee. Fixed income portfolios have a separate schedule ranging from 0.50% to 0.25%.