Salem Advisory Group provides investment management services, including asset allocation, risk analysis, portfolio selection, and specific equity recommendations. They manage assets through fee-based arrangements, primarily with discretionary authority, meaning they make trades without needing client approval each time. Financial planning is offered as a complimentary service to all investment management clients, including account aggregation, risk management, and net worth analysis. Salem Advisory Group also offers pension consulting services to employers.
Fee Structure
Salem Advisory Group manages investments for a fee based on the value of your portfolio. The fee is negotiable and generally falls within these ranges:
- $0 - $999,999: 0.1% to 1.50% per year
- $1,000,000 - $2,499,999: 0.1% to 1.25% per year
- $2,500,000+: 0.1% to 1.25% per year
The fees are calculated monthly and can be paid by direct account debit or client remittance. The client is responsible for any custodial and/or trading fees.