Chessie Advisors is a fee-only registered investment advisor founded in 2014 and based in Rochester Hills, Michigan. The firm provides personalized financial planning and investment management services to individuals, families, business owners, and retirees. Chessie Advisors operates under a legal obligation to act in your best interest and does not sell commissioned products or accept financial product referral fees. Investment management services are offered through the Chessie Wealth Guardian service, which builds customized portfolios using exchange-traded funds and mutual funds based on Modern Portfolio Theory and a core-and-satellite strategy. Ongoing financial planning is included at no extra charge for clients with at least $500,000 invested through the firm. For clients who want financial guidance without investment management, the firm offers the Chessie Guidance service. Additionally, Chessie Advisors provides project-based or hourly financial planning for specific needs.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 0.90% |
| $500K - $1.0M | 0.72% |
| $1.0M - $2.0M | 0.48% |
| $2.0M - $4.0M | 0.36% |
| $4.0M - $10.0M | 0.24% |
| $10M+ | 0.24% |
Fees for assets over $10,000,000 are negotiable. Each tier's rate applies to the portion of assets falling within that range.