Kompass Financial Advisors provides investment advice and management services. Kompass offers asset management through third-party managers and fee-based fixed index annuities. Kompass also provides services to qualified retirement plans. Kompass gathers information about your financial situation and objectives to make suitable recommendations.
Fee Structure
Kompass Financial Advisors offers investment management through third-party managers. When Kompass recommends a third-party manager, you will be billed according to that manager's fee schedule. Kompass receives a portion of the advisory fees charged by the third-party manager as a referral fee.
For the SEI Managed Account Solutions program and fee based annuities, Kompass charges an annual investment advisory fee based on the total value of your portfolio. The annual fee may be negotiable:
- Up to $499,999: 1.00%
- $500,000 to $999,999: 0.85%
- $1,000,000 to $2,499,999: 0.75%
- $2,500,000 to $5,000,000: 0.65%
- Over $5,000,000: 0.50%