ICOM Advisors, LLC is a registered investment advisor based in Covington, Louisiana, providing portfolio management services to individuals, trusts, estates, charitable organizations, and corporations since 2011. The firm offers both discretionary and non-discretionary investment management, tailoring its approach to each client's specific objectives and risk tolerance. ICOM Advisors builds customized portfolios or utilizes in-house model portfolios, focusing primarily on mutual funds and exchange-traded funds, alongside other traditional securities and potential private equity recommendations. Portfolios are monitored on an ongoing basis and rebalanced as needed. The firm generally requires a minimum investment of $250,000 to open an account, though this minimum may be waived at their discretion.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $1.0M | 1.25% |
| $1.0M - $5.0M | 1.00% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.60% |
Fees are negotiable based on individual client circumstances. Family household accounts may be combined to calculate the applicable fee tier.