Millstein Advisors (MA) offers investment advice and manages client portfolios using two main strategies: asset allocation based on the 7Twelve Portfolio methodology, and opportunistic investments for risk-tolerant clients. MA does not offer comprehensive financial planning services or sell insurance. MA maintains ongoing communication with clients to understand their investment needs and goals, tailoring portfolios accordingly. MA manages all client assets on a discretionary basis, consulting with clients before making material changes.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.60% |
| $2M+ | 0.50% |
These fees are for the most active Investment Management Services. For portfolios managed according to 7Twelve® guidelines, the fee is 1.00% on the first $100,000, 0.70% on the next $150,000, and 0.30% on assets over $250,000. Fees may be negotiable.