The Davenport Financial Group creates customized investment portfolios managed without asking first, evaluates financial planning needs, and monitors third-party investment managers for individual clients. The firm helps clients build asset allocation models based on their goals, time frame, and risk tolerance. In addition to direct portfolio management, the firm can recommend independent third-party investment managers such as FTJ Fundchoice, SEI Investments Management, Meeder Investment Management, and Morningstar Investment Services. Clients receive written financial plans covering cash management, risk management, estate planning, tax issues, retirement planning, and educational funding. The Davenport Financial Group has no minimum account size requirement.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.50% |
| $250K - $500K | 1.25% |
| $500K+ | 1.25% |
Fees for accounts above $500,000 are negotiable. Fees may also be negotiable based on household accounts.