Berkshire Advisors offers customized investment portfolios based on individual client risk profiles, utilizing third-party research and various investment vehicles. They assist clients in developing personalized asset allocation programs, including mutual funds, variable annuities, individual equities, and fixed income securities. Berkshire Advisors also provides financial planning services covering various aspects of financial management.
Fee Structure
Berkshire Advisors manages investments for individuals, small corporations, and small corporate retirement plans. The fees for investment management depend on the amount invested.
For individual advisory services:
- $250,000 - $499,999: 1.25% - 1.50%
- $500,000 - $999,999: 1.00% - 1.55%
For institutional, union, and high net worth clients (accounts established after March 31, 2017):
- First $2,000,000: 1.00%
- Next $3,000,000: 0.75%
- Next $5,000,000: 0.60%
- Over $10,000,000: 0.50%
Fees are calculated and paid in advance, either monthly or quarterly. The maximum annual fee is negotiable. Accounts opened with less than $250,000 may follow the same fee schedule as clients with less than $500,000, subject to negotiation.