Probity Advisors offers continuous investment advice based on individual client needs. They create and manage portfolios based on client objectives, time horizons, risk tolerance, and liquidity needs. They manage accounts on a discretionary basis. Probity also offers financial planning services, evaluating a client's current and future financial state to help them achieve their goals. They also provide general non-securities advice.
Assets Under Management$730M
Clients560
Advisors6
Avg. per Client$1.3M
Avg. per Advisor$120M
Fee Structure
Minimum Annual Fee:$100
Probity Advisors charges an annual fee based on a percentage of the assets they manage. The fee varies depending on the investment platform chosen:
- Advantage Platform: 1.22% on the first $99,999, 1.22% from $100,000 to $249,999, 1.22% from $250,000 to $499,999, 1.14% from $500,000 to $999,999, and 1.05% for $1,000,000 and above.
- Tactical Allocation Platform: 1.00% on the first $99,999, 0.90% from $100,000 to $249,999, 0.85% from $250,000 to $499,999, 0.80% from $500,000 to $999,999, and 0.75% for $1,000,000 and above.
- Diversified Income Platform: 1.22% on the first $99,999, 1.22% from $100,000 to $249,999, 1.22% from $250,000 to $499,999, 1.14% from $500,000 to $999,999, and 1.05% for $1,000,000 and above.
- Fixed Income Platform: 0.5% on all assets.
Fees are billed quarterly, in advance, based on the value of the account at the end of the previous quarter. There is a $100 minimum annual fee.
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