Elk Capital Advisors offers ongoing investment management services, tailoring advice to your financial situation, goals, and risk tolerance. They monitor your account and provide advice on buying, selling, or holding investments. You can place reasonable restrictions on your account. Elk Capital Advisors primarily advises on mutual funds, exchange-listed securities, US government securities, and options contracts. They require a minimum of $10,000 to open an account.
Fee Structure
Elk Capital Advisors charges a percentage of your portfolio's value annually for investment management. The exact percentage is negotiable and typically ranges from 1% to 2.50%. Fees are calculated based on the value of your account at the end of each month and billed at the end of the month. You can choose to have the fees deducted directly from your account or pay them upon receiving a bill.