Mercantile Advisors I, LLC, operating as Herbert R. Smith & Company and Mercantile Investment Advisors, provides investment management services for individuals, families, retirement accounts, trusts, and institutions. The firm builds tailored portfolios using a mix of equities, fixed-income securities, exchange-traded funds, mutual funds, and cash. Portfolios are customized based on each client's risk tolerance, tax situation, retirement income needs, and growth objectives. Mercantile Advisors I, LLC analyzes economic trends and market opportunities using both fundamental and technical analysis, focusing on value, growth projections, and income generation. Charles Schwab serves as the primary custodian for client assets.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.00% |
| $500K - $1.0M | 0.85% |
| $1.0M - $2.0M | 0.75% |
| $2.0M - $5.0M | 0.60% |
| $5M+ | 0.50% |
Fees are billed quarterly in advance. The firm offers discounted fees to current clients who refer new clients.