Mitchell McLeod Pugh & Williams, Inc. offers investment advice, including managing stock and bond portfolios for clients. They manage accounts on both a discretionary basis (where they make trades without asking you first) and a non-discretionary basis (where you approve each trade). They also provide advice to retirement plans. The firm creates investment strategies based on your goals and risk tolerance, and they allow you to restrict investments in certain securities.
Fee Structure
Mitchell McLeod Pugh & Williams charges a percentage of your portfolio's value each year for managing your investments. The specific rate depends on the type of investments (stocks, bonds, or cash) and the amount you have invested. These fees are negotiable.
Equity Portfolios:
- Up to $1 million: 1.0%
- Next $1 million: 0.8%
- Next $1 million: 0.6%
- All over $3 million: 0.5%
Fixed Income Portfolios:
- Up to $1 million: 0.5%
- Next $1 million: 0.4%
- Next $1 million: 0.3%
- All over $3 million: 0.25%
Cash & Cash Equivalents:
- All: 0.25%