Monterey Bay Asset Management offers ongoing portfolio management services tailored to each client's specific goals, objectives, time horizon, and risk tolerance. Founded by David Craig Palshaw, the firm uses modern portfolio theory and fundamental analysis to construct diversified investment portfolios primarily consisting of exchange-traded funds and mutual funds. Monterey Bay Asset Management begins every investment management relationship with a thorough planning process to establish an investment policy statement. The firm typically operates on a discretionary basis, though trades are generally discussed with clients in advance. Monterey Bay Asset Management serves individuals, foundations, charities, pension and profit-sharing plans, and trusts.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $300K | 2.00% |
| $300K - $500K | 1.50% |
| $500K - $2.5M | 1.00% |
| $2.5M - $4.0M | 0.75% |
| $4.0M - $6.0M | 0.60% |
| $6.0M - $8.0M | 0.50% |
| $8M+ | 0.40% |
Fees are negotiable and paid quarterly in advance.