McMillan Capital Management provides investment management services to individuals, high net worth individuals, trusts, family entities, and charitable organizations. Client portfolios are customized to fit each client's unique circumstances, and a detailed investment plan is developed for each client, documented by an Investment Policy Statement. McMillan manages client portfolios on a discretionary basis, using marketable securities like stocks, bonds, mutual funds and ETFs. In some situations, non-marketable securities like hedge funds, private equity funds and private real estate funds may be included.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $3.0M | 0.40% |
| $3.0M - $5.0M | 0.40% |
| $5M+ | 0.40% |
Fee schedule is for equity investments. For fixed income investments, the fees are: First $3,000,000: 0.40% per year; Next $2,000,000: 0.30% per year; Over $5,000,000: 0.20% per year. In some circumstances, a fixed fee of 0.25% to 1.00% will be applied to an account with no break points. All management fees are negotiable. McMillan Capital Management also charges a performance-based fee equal to 25% of the net excess appreciation of the account.