Bannerstone Capital Management is an employee-owned investment advisory firm located in Deephaven, Minnesota, founded in 2008. The firm specializes in managing customized investment portfolios for affluent individuals and their affiliates. Bannerstone primarily focuses on equity strategies, such as its proprietary total return and quantitative equity models, along with dividend income and growth portfolios. Portfolios are managed on a discretionary basis, meaning Bannerstone makes trading decisions on behalf of clients without needing prior approval for each individual trade. All client assets are held separately at third-party qualified custodians, primarily Charles Schwab. The firm operates on a fee-only model, charging an annual percentage based on the value of the portfolio, and does not accept commissions, mark-ups, or performance-based compensation.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.00% |
Fees are negotiable, particularly for advising fixed income portfolios. Some accounts may pay no fees.