Saxon Securities offers investment advice to institutional clients, focusing on FDIC and NCUA-insured deposits like Certificates of Deposit (CDs) and Money Market Deposit Accounts (MMDAs). For CDs, investments are tailored to each client's liquidity needs and term preferences, considering their depository institution exclusions. For MMDAs, investments are spread across various FDIC and NCUA-insured institutions using a program custodian.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100.0M | 0.15% |
| $100.0M - $500.0M | 0.13% |
| $500M+ | 0.10% |
Fees are for maturity terms less than 2 years. For maturity terms greater than or equal to 2 years: First $100 million: 0.250 %, Above $100 million To $500 million: 0.225 %, Above $ 500 million: 0.200 %. Some accounts may be under different fee schedules honoring prior agreements. Our standard fee schedules may be negotiable at our discretion based on a number of factors, which include but are not limited to “grandfathered” accounts, complexity of accounts (e.g., custom reporting, etc.), and other special situations.