Mcdermott Investment Advisors, LLC

Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly

McDermott Investment Advisors manages investment portfolios and offers personalized financial planning and advisory services. McDermott Investment Advisors creates customized investment strategies based on each client's individual goals, risk tolerance, and time horizon. The firm provides both discretionary and non-discretionary portfolio management, meaning they can make trades on your behalf or ask for your approval first. McDermott Investment Advisors uses various types of investments, including stocks, exchange-traded funds, mutual funds, bonds, and government securities. In addition to direct portfolio management, the firm offers financial planning services and can recommend third-party managers for specific investment strategies. McDermott Investment Advisors works with individuals, high-net-worth clients, trusts, estates, and charitable organizations.

Assets Under Management$200M
Clients618
Advisors8
Avg. per Client$330K
Avg. per Advisor$25M

Fee Structure

Minimum Investment:$100K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $500K2.00%
$500K - $1.0M1.50%
$1M+1.00%

Fees are negotiable. Family household accounts may be aggregated to determine breakpoints.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

8 Advisors at this firm

Mcdermott Investment Advisors, LLC - Fees, AUM & Advisors | TrueAdvisor