Third Day Capital Management operates as a registered investment advisor offering personalized investment management and financial planning services for individuals, families, and businesses. Founded in 2012 and led by Chartered Financial Analyst Mark Schumacher, Third Day Capital Management builds globally diversified portfolios using individual stocks, bonds, and exchange-traded funds, tailored to each client's specific risk tolerance and goals through an Investment Policy Statement. The firm focuses on long-term, after-tax, after-inflation wealth accumulation and preservation while incorporating fundamental research and moral considerations into company evaluations. In addition to managing personal investment accounts and retirement accounts like individual retirement accounts, the firm assists business owners with evaluating and implementing workplace retirement plans such as 401(k) plans.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.75% |
| $500K - $1.0M | 1.50% |
| $1.0M - $2.0M | 1.25% |
| $2.0M - $5.0M | 1.00% |
| $5.0M - $10.0M | 0.85% |
| $10M+ | 0.75% |
Fees are generally not negotiable except for certain large legacy clients.