Shapiro Asset Management (SAM) offers customized investment advisory solutions through personal contact and discretionary investment management. SAM works with clients to identify their investment goals, risk tolerance, and financial situation to create a portfolio allocation. SAM constructs portfolios using exchange-traded funds, individual stocks and bonds, and cash. The investment strategy is primarily long-term focused, but SAM may re-allocate positions based on market conditions or client needs. SAM does not provide custodial services.
Fee Structure
Shapiro Asset Management manages client accounts on a discretionary basis. The annual fee is negotiable and ranges from 0.70% to 2.0% of the value of your portfolio, depending on the size and complexity of the account. The fee is paid quarterly.