Millares Asset Management (MAM) manages investment portfolios and provides financial planning services. MAM works with clients to understand their goals and risk tolerance, then creates a written investment plan. MAM primarily uses mutual funds from Dimensional Fund Advisors (DFA). MAM also offers financial planning services covering areas like education, tax, retirement, and investments. Clients can also receive consulting services on a limited basis.
Assets Under Management$240M
Clients50
Advisors3
Avg. per Client$4.7M
Avg. per Advisor$79M
Fee Structure
Minimum Investment:$1M
Investment management only (planning not offered)
Minimum Annual Fee:$10,000
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $3.0M | 0.80% |
| $3.0M - $4.0M | 0.70% |
| $4.0M - $5.0M | 0.60% |
| $5M+ | 0.50% |
All accounts for members of the client’s family (husband, wife and dependent children) or related businesses may be assessed fees based on the total balance of all accounts. Fees, account minimums and their applications to family circumstances may be negotiable.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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