Steven P. Siegel, Ltd., based in Sedona, Arizona, refers clients to third-party money managers. The firm gathers information about your financial situation and objectives to recommend suitable money managers. They monitor the money manager's performance to ensure alignment with your goals. Steven Siegel is also licensed as an independent insurance agent and may earn commissions from selling insurance products.
Fee Structure
Steven P. Siegel, Ltd. does not directly manage your investments. Instead, they recommend third-party money managers. You'll pay the money manager directly, and Steven P. Siegel, Ltd. receives a portion of that fee as a referral fee. The total fees you pay to the money manager will not exceed 3% of your portfolio annually, and usually range from 0.50% to 2.00%. Steven P. Siegel, Ltd. may receive up to 33% of the fee you pay to the money manager.