Riverwater Partners offers investment management services, including wealth management and asset management. The firm develops financial plans and customized investment portfolios based on client goals and risk tolerance. They also offer actively managed model portfolios. Riverwater applies a value-oriented approach to responsible investing, focusing on high-quality stocks with growth potential. They also provide model portfolios to third-party advisors.
Fee Structure
Riverwater Partners offers investment management services with fees calculated as a percentage of the value of your investments. The highest fee is 1%. There are also transactional, administrative, and custodial fees charged by the account custodian. Riverwater Partners charges a $9,000 minimum annual fee for new investment management clients.
For Managed Model Portfolios, clients pay 0.85% of their portfolio value per year. The fee is not negotiable. There is a $2,500 minimum annual fee for new Managed Model Portfolio clients.