Mort Kelly Financial Services provides financial planning and investment management services. Financial planning covers various aspects of managing finances based on individual needs. Investment management includes both discretionary and non-discretionary portfolio management tailored to client objectives and risk tolerance. Clients with at least $10,000 are generally referred to a third-party investment advisor.
Assets Under Management$350K
Clients7
Advisors1
Avg. per Client$50K
Avg. per Advisor$350K
Fee Structure
Mort Kelly Financial Services charges either a fixed fee or a percentage of the assets they manage. The fee is paid annually in advance, but if the annual fee exceeds $1,200, it can be paid semi-annually or quarterly in advance.
Here's how the fees break down:
- $1 - $1,000: $25.00
- $1,001 - $2,500: $35.00
- $2,501 - $5,000: $50.00
- $5,001 - $10,000: $100.00
- $10,001 - $30,000: 1.00%
- $30,000 - $50,000: 1.25%
- $50,001 - $75,000: 1.50%
- $75,001 - $100,000: 2.00%
- $100,001 - $250,000: 2.00%
- First $250,000: 2.00%
- Next $50,000: 1.00%
- Next $200,000: 0.75%
- Next $250,000: 0.50%
- Next $250,000: 0.25%
- Over $1,000,000: 2.00% on the first million plus 0.10% for the next $4,000,000
- Over $5,000,000: Negotiable
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