NewGen Asset Management provides investment advice, including advice on asset allocation and investment selection. They manage portfolios for pooled investment vehicles (funds) and separately managed accounts. NewGen makes investment decisions based on the merits of the investment and the client's guidelines. They provide discretionary investment advisory services. The firm does not participate in wrap fee programs.
Fee Structure
NewGen Asset Management provides investment management services to pooled investment vehicles and separately managed accounts. All fees are individually negotiated and may include management fees based on a percentage of assets under management and/or performance-based fees tied to capital appreciation. The management fee charged to the Funds is typically equal to 2% annually of assets under management.