1607 Capital Partners offers investment advisory services to high net worth individuals and institutional clients, including pension funds and endowments. They manage investments through private funds and separately managed accounts, focusing on closed-end mutual funds and exchange-traded funds. 1607 Capital does not tailor investment advice to individual needs but rather to the parameters of each investment product or strategy. Client assets are actively managed and reallocated as appropriate, with risk management occurring at every stage of the investment process.
Fee Structure
1607 Capital Partners' fees generally include a management fee, a performance-based fee, or a combination of both. The management fees typically range from 0% to 0.75% of the value of your portfolio annually, charged quarterly. Performance-based fees generally range from 0% to 30% based on a share of the capital gains or appreciation of your investments above a stated benchmark. Employees of 1607 Capital and their related persons are not typically subject to these fees.