Meriwether Family Office acts as an intermediary, helping clients find and select third-party investment managers to handle their money. Instead of managing portfolios directly, Meriwether Family Office matches clients with external firms like Oppenheimer & Co. and Stifel, Nicolaus & Company. Once a manager is chosen, the third party handles all day-to-day investment decisions, trading, and portfolio construction. Meriwether Family Office then provides ongoing oversight by reviewing the third-party manager's performance and ensuring it aligns with the client's goals. Meriwether Family Office does not offer standalone financial planning, tax preparation, or direct portfolio management. The firm is compensated through referral fees paid by the third-party managers, receiving a percentage of the fees that clients pay to those managers. This arrangement creates a financial incentive to recommend managers who pay higher referral percentages. Meriwether Family Office has no account minimums, though the third-party managers they recommend may require specific minimum investment amounts.
Fee Structure
Meriwether Family Office does not manage your portfolio directly, so they do not charge a direct investment management fee. Instead, you pay fees directly to the third-party investment manager you choose to work with.
- Third-Party Fees — Fees depend on the specific manager, the size of your portfolio, and the complexity of your investments. Meriwether Family Office typically does not recommend managers whose maximum fee schedule exceeds 2% per year.
- Referral Compensation — Meriwether Family Office is paid by the third-party manager out of the fees you pay them, receiving between 10% and 50% of your total advisory fee. Your total fee does not increase because of this referral arrangement.