Mercantile Advisors I, LLC, also known as Herbert R. Smith & Company and Mercantile Investment Advisors, provides investment management services to individuals and institutions. The firm uses a mix of stocks, bonds, exchange-traded funds, and mutual funds. Investment portfolios are tailored to each client's needs, considering their risk tolerance, income requirements, and financial goals. Mercantile Advisors does not take custody of client funds; Charles Schwab is the primary custodian.
Assets Under Management$130M
Clients73
Advisors2
Avg. per Client$1.8M
Avg. per Advisor$65M
Fee Structure
Minimum Investment:$500K
Investment management only (planning not offered)
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% |
| $5.0M - $10.0M | 0.50% |
| $10M+ | 0.50% |
Account minimum $500,000 – waived under certain circumstances.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
Loading...