Solomon API offers financial planning services covering areas like cash management, risk management, insurance, estate planning, taxes, retirement, and education funding. They also manage investment portfolios based on client objectives, using securities like bonds, stocks, ETFs, and mutual funds. Solomon API also manages participant accounts held away at other custodians. The firm's investment philosophy emphasizes value, safety, and quality, with a focus on risk control.
Fee Structure
Solomon API manages investment portfolios for a fee based on a percentage of the assets in your account. The maximum annual management fee is 1.95%, but the actual fee is negotiable. The fee is calculated monthly in advance based on the value of your account at the end of the previous month and is deducted directly from your account. This fee does not include brokerage fees or other costs charged by custodians or fund managers.