The Financial Advocate Corporation offers investment services to both institutional and individual clients. They aim to provide fiduciary investment solutions designed to produce above-average returns based on the client's risk profile. They prefer to be retained as a full-service investment consultant but offer flexibility through their open architecture platform, allowing clients to engage in various lines of business. They also offer retirement plan consulting, assisting with plan design, vendor contracts, asset allocation, and more.
Fee Structure
Financial Advocate Corporation's investment management fees are negotiable and can be asset-based, a flat dollar fee, or a one-time project-based fee. Fees are calculated and charged quarterly. These fees cover advisory services only and are separate from other fees paid to independent money managers, custodians, brokers, and other service providers. The specific fee structure is defined in the Investment Advisory Agreement.