Cerebrum Financial Services, LLC, based in Devon, PA, is a registered investment advisor that refers clients to third-party money managers (TPMMs). Cerebrum gathers information about your financial situation and objectives, then recommends a specific TPMM or investment program. Cerebrum monitors the TPMM's performance to ensure it aligns with your investment goals. Cerebrum offers non-discretionary portfolio management services and financial consulting services.
Fee Structure
Cerebrum Financial Services does not directly manage your investments. Instead, they recommend third-party money managers (TPMMs) who will manage your portfolio. Cerebrum is paid by the TPMM, which is derived from the fees you pay to the TPMM. The fees you pay to the TPMM are separate and are established in accordance with the TPMM's brochure. Cerebrum does not charge a separate fee for the selection of other advisors nor will they share in the advisory fee you pay directly to the TPMM.