Somerville Associates provides investment advice and financial planning services tailored to individual client needs. These services include general money management, financial record-keeping, goal-setting, cash-flow analysis, debt management, insurance (risk management), wills and trusts, and retirement planning. Somerville Associates monitors investments and provides semi-annual portfolio summaries and performance analysis. They may request authority to make trades without asking first.
Fee Structure
Somerville Associates offers investment supervisory services based on a percentage of your portfolio. The annual fee ranges from $2,000 for accounts of $150,000 or less to 0.50% to 1.35% for accounts greater than that amount. The fee may be lower depending on the size of the account and the services provided. Fees are paid quarterly based on the market value of the account at the end of the previous quarter.