McGowanGroup Asset Management provides individualized investment management services using model portfolios across multiple asset classes, including cash flow units, allocation units, long-term income units, growth units, energy units, and total return units. The firm tailors advice to clients' investment objectives, financial goals, and risk tolerances. While it primarily offers wrap fee programs where trading costs are bundled into the management fee, McGowanGroup Asset Management also manages non-wrap fee accounts. The firm serves individuals, high-net-worth individuals, trusts, estates, charitable organizations, pension and profit-sharing plans, and corporations. Investment strategies employed include long-term purchases, short-term purchases, trading, short sales, margin transactions, and option writing.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $3.0M | 0.99% |
| $3.0M - $10.0M | 0.88% |
| $10M+ | 0.83% |
Base annualized advisory fees range from 0.59% to 1.50% before consolidation breakpoints. Rates drop for assets exceeding $1M (0.99%), $3M (0.88%), and $10M (0.83%).