Hacket Asset Management is an independent registered investment advisor founded in 1991 and based in Warwick, Rhode Island. Led by its founder and sole owner, Francis C. Hacket, the firm provides personalized investment management services for individuals, trusts, retirement plans, and charitable organizations. Hacket Asset Management focuses on building long-term equity portfolios by purchasing undervalued stocks with reasonable price-earnings ratios and above-average dividend yields, while also managing fixed-income investments to meet specific client income or total return goals. Portfolios are custom-designed to match each client's individual objectives and risk tolerance. The firm uses Charles Schwab & Co. as a custodian and brokerage platform to execute trades and hold client assets, and also offers hourly consulting for general investment advice.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.20% |
| $1.0M - $2.0M | 1.00% |
| $2M+ | 1.00% |
Fees are negotiable for accounts over $2,000,000. There is a minimum annual fee of $1,200.