Maine Securities Corporation provides investment advice and manages portfolios for clients, primarily using a value investing approach. This involves selecting securities that appear undervalued based on fundamental data. The firm also uses option writing strategies to provide downside protection. Maine Securities was founded with a focus on local Maine companies but has expanded to national and international markets. They also offer consulting and financial planning services.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.00% |
| $500K - $1.0M | 0.75% |
| $1M+ | 0.50% |
The firm usually assesses lower advisory fees on client cash balances and fixed income securities that it manages. Fixed income and cash/cash equivalent assets are not included in the calculations of household total assets under management (AUM) used to determine any breakpoints in equity management and supervisory fees.