Schutte Financial directs clients to third-party investment advisors like Betterment for portfolio management, while providing account oversight. Schutte Financial also offers custom financial planning services, including investment planning, insurance coverage, tax concerns, retirement planning, education planning, and debt/credit planning. They also offer pension and employee benefit consulting services.
Assets Under Management$19M
Clients64
Advisors1
Avg. per Client$300K
Avg. per Advisor$19M
Fee Structure
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.70% |
| $2.0M - $3.0M | 0.60% |
| $3.0M - $5.0M | 0.50% |
| $5M+ | 0.25% |
Total advisory fee ranges from 0.50% to 1.25% depending on the program selected, investment strategies involved, portfolio holdings, asset size of the account, and services provided. This range includes both Schutte Financial's fee and the third-party manager's fee (Betterment).
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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