Lesa Sroufe & Company (LSC) offers investment management using publicly traded companies, debt instruments, and exchange-traded funds. LSC's investment approach is research-driven and focuses on selecting individual securities consistent with a Value Equity focus. LSC manages portfolios on an individual basis and is a top-down investor, starting with its outlook on the general economy. Portfolios are diversified but focused, with 25 to 35 individual stocks. LSC client accounts are either managed directly or sub-advised. Two investment objectives are Equity Appreciation and Total Return.
Fee Structure
Lesa Sroufe & Company charges a percentage of the value of your investments on a quarterly basis. The specific fee depends on the investment objective (Equity Appreciation or Total Return) and the amount invested.
For Equity Appreciation accounts:
- Under $5 million: 0.80% per year
- $5 million – $15 million: 0.65% per year
- $15 million and above: 0.45% per year
For Total Return accounts:
- Under $1 million: 0.80% per year
- $1 million - $3 million: 0.75% per year
- $3 million - $5 million: 0.70% per year
- $5 million and above: 0.65% per year
For Wrap Accounts:
- Under $10 million: 0.50% per year
- $10 million and above: 0.30% per year
For Institutional Accounts:
- Under $15 million: 0.50% per year
- Over $15 million: Negotiable