Straitgate Financial L.L.C.
Assets Under Management
$16.2M
Number of Clients
48
Number of Advisors
1
Avg. Portfolio per Client
$338K
Avg. Managed per Advisor
$16.2M
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
About This Firm
StraitGate Financial L.L.C. provides comprehensive financial planning, including retirement and investment planning. The firm reviews various areas of finances, such as cash flow, debt, insurance, financial goals, taxes, estate planning, and investments. StraitGate Financial L.L.C. uses third-party money managers to manage client assets, selecting them based on factors like portfolio risk and investment philosophy. The firm tailors investment advice to individual client needs.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.00% |
| $250K - $500K | 0.90% |
| $500K - $1.0M | 0.75% |
| $1.0M - $2.0M | 0.50% |
| $2M+ | 0.30% |
Updated fee schedule for new clients and existing clients with assets over $1,300,000: - First $250,000: 1.00% - Next $250,000: 0.90% - Next $500,000: 0.75% - Next $300,000: 0.50% - Over $1,300,000: 0.00% (or as determined by Complexity Charge) A complexity charge may be applied to clients with more than $1,300,000 in assets, depending on their individual planning needs.
Fee Estimator
Areas of Practice
Location
MI, United States
