Simmons Asset Management offers investment advice and manages investment portfolios for clients based on their individual needs and goals. They work with individuals, high-net-worth individuals, pension plans, charities, and corporations. Simmons Asset Management creates a personal investment policy for each client and manages their portfolio accordingly. They manage accounts on a discretionary basis, meaning they can make trades without asking for permission each time.
Fee Structure
Simmons Asset Management's annual fees for managing your investments range from 1.00% to 2.00% of the value of your portfolio. The fee is calculated at the beginning of each quarter based on the value of your account at the end of the previous quarter. There is a $50,000 minimum account size, but this may be negotiable in some cases. Discounts may be offered to family members and friends of people associated with the firm.