MMA Asset Management offers discretionary and non-discretionary investment advisory services to retail clients on a fee basis. The firm manages investment portfolios using a mix of individual stocks, bonds, mutual funds, and exchange-traded funds, and can incorporate financial planning and consulting services as part of the management relationship. In addition to ongoing portfolio management, MMA Asset Management provides stand-alone financial planning and consulting services on a fixed-fee or hourly basis. The firm typically recommends major broker-dealers like Charles Schwab & Co. or LPL Financial to serve as custodians for client assets. MMA Asset Management is a subsidiary of Marsh & McLennan Agency.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.25% |
| $1.0M - $5.0M | 1.00% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.75% |
Fees are negotiable. Over $10,000,000 is customized.