Drexel Morgan & Co. is a registered investment advisor that provides ongoing investment management and portfolio supervision services. The firm primarily serves high net worth individuals and focuses on equity investing using fundamental analysis. Their core investment strategy, known as The Legacy Portfolio, centers on large-capitalization, dividend-paying stocks with a philosophy that dividend growth indicates long-term success. Drexel Morgan tailors its services based on each client's specific objectives, risk tolerance, and time horizon. Clients can grant Drexel Morgan the authority to make trades without asking first, or choose non-supervisory services depending on their needs. The firm operates with $607 million in discretionary assets under management and is wholly owned by George W. Connell.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.50% |
| $10M+ | 0.50% |
Fees are negotiable based on factors such as client type, asset class, pre-existing relationships, and portfolio complexity. Amounts over $10 million are negotiable.