O'Connor Financial Group (OFG) offers a wrap fee program where clients pay a single annual fee covering investment advice and trading costs. OFG helps clients develop an investment strategy based on their financial needs and goals. OFG manages client portfolios, buying and selling securities. Clients are encouraged to discuss their needs with OFG and stay informed of any changes. OFG also provides financial consulting and investment management services outside of the wrap program, where clients pay separate transaction fees.
Fee Structure
O'Connor Financial Group (OFG) charges an annual fee based on the value of your investments. This fee covers both investment advice and the cost of trades. The fee ranges from 1.00% to 3.00% depending on the investment strategy used.
Here's a breakdown of the fees for different strategies:
- Covered Call Options Strategy: 3.00% per year
- Covered Put Options Strategy: 3.00% per year
- Individual Equity Strategy: 2.00% per year
- Equity Mutual Fund Strategy: 1.25% per year
- Fixed Income Strategy: 1.25% per year
- Individual Bond Strategy:
- Up to $249,999: 2.00% per year
- $250,000 - $499,999: 1.75% per year
- $500,000 - $749,999: 1.50% per year
- $750,000 - $999,999: 1.25% per year
- $1,000,000 and above: 1.00% per year
- Alternative Investment Strategy:
- Up to $249,999: 2.00% per year
- $250,000 - $499,999: 1.75% per year
- $500,000 - $749,999: 1.50% per year
- $750,000 - $999,999: 1.25% per year
- $1,000,000 and above: 1.00% per year
OFG may negotiate a lower fee based on factors like the amount you invest.