Equitas Capital Advisors is an investment advisory firm that provides investment management consulting services to various clients. These include high net worth individuals, corporate pension and profit-sharing plans, charitable institutions, foundations, endowments, public funds, trusts, estates, Taft-Hartley Funds, family offices, and corporations. Equitas does not typically buy or sell individual securities directly, instead using third-party investment advisors to manage client assets through separately managed accounts, wrap-fee accounts, mutual funds, ETFs, limited partnerships, or private equity interests.
Fee Structure
Equitas Capital Advisors does not directly manage investments for individual clients. Instead, they recommend third-party investment managers. Clients may participate in a managed account wrap-fee program (MAP) through Pershing Advisor Solutions, LLC, where fees range from 0.70% to 2.15% of assets, paid quarterly in advance. Equitas receives a portion of this wrap fee, which is used to offset the client's consulting fees. If the offset is greater than the consulting fee, Equitas retains the remaining balance at the end of the year.