Powwow is a registered investment advisor founded in 2016 and based in North Andover, Massachusetts, owned by Quentara Costa. The firm provides a range of services for individuals, including investment management by helping clients open accounts with professional independent third-party money managers. Powwow also offers project-based financial planning, a membership subscription program providing ongoing financial coaching and plan updates, and ad-hoc hourly financial planning. The firm primarily practices passive investment management, building portfolios using index mutual funds and exchange-traded funds to achieve target asset allocations. Powwow works with individuals, high-net-worth individuals, businesses, and other entities, and does not require a minimum account size.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.00% |
| $250K - $5.0M | 0.75% |
| $5M+ | 0.75% |
Fees are negotiable for accounts over $5,000,000. Schedule applies to membership clients utilizing third-party managers.
