Chicago Investment Advisory Council (CIAC) provides ongoing portfolio management, initial consultations/portfolio reviews, financial planning, and educational workshops. For portfolio management, CIAC reviews your finances, selects an investment strategy, and supervises your investment accounts. They invest your assets based on your goals and risk tolerance, typically using pre-designed model portfolios. Financial planning is offered as a standalone service tailored to your needs. CIAC also offers educational workshops on various financial topics.
Fee Structure
For ongoing portfolio management, Chicago Investment Advisory Council charges an annual fee based on the value of your investments. For accounts where CIAC has the authority to make trades without asking you first, the fee is typically between 1.00% and 2.00% per year. For accounts where CIAC needs your permission before each trade, the fee is typically between 0.50% and 1.00% per year. The specific fee will be in your agreement. The fee is charged quarterly.