Marble Harbor Investment Counsel provides ongoing investment advice to clients, getting to know their financial situation, goals, and risk tolerance. Marble Harbor typically manages client portfolios with the authority to make trades without asking first, but can also manage accounts where client approval is needed before each trade. Marble Harbor also provides investment advisory services to MHIC Devereux Partners, LLC, MHIC Ventures I, LLC, and MHIC Fort Sewall Partners, LLC (together, the “Private Funds”).
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5.0M - $15.0M | 0.75% |
| $15.0M - $25.0M | 0.60% |
| $25.0M - $50.0M | 0.50% |
| $50M+ | 0.40% |
Marble Harbor may charge a flat dollar fee. Clients that invest in one or more of the Private Funds pay a performance-based fee (“an incentive fee”) on the assets invested in the Private Fund. Discounts may be offered to family members and friends of associated persons of Marble Harbor.