SlateStone Wealth is a registered investment advisor that provides customized investment management and comprehensive financial planning services primarily to high-net-worth and ultra-high-net-worth individuals, families, trusts, and business entities. The firm offers a range of services including private client services, family office services, customized investment management, and strategic asset allocation. SlateStone Wealth builds portfolios using a combination of fundamental, quantitative, technical, and cyclical analysis across public and private market investments, including equities, fixed income, mutual funds, exchange-traded funds, and alternative investments. The firm operates as a fiduciary, meaning it is legally required to act in the best interest of its clients, and manages assets through independent qualified custodians like Charles Schwab and Fidelity. SlateStone Wealth integrates financial planning with portfolio management to address complex financial needs such as retirement planning, cash flow management, and tax coordination.
Fee Structure
SlateStone Wealth charges an annual fee based on the value of your portfolio using a tiered schedule. The fee percentage drops as the amount you invest increases:
- First $2,000,000 — 1.00% per year
- Next $3,000,000 (amounts between $2M and $5M) — 0.85% per year
- Next $5,000,000 (amounts between $5M and $10M) — 0.70% per year
- Next $10,000,000 (amounts between $10M and $20M) — 0.50% per year
- Amounts above $20,000,000 — 0.25% per year
There is a minimum annual fee of $10,000, which means smaller accounts will pay at least that amount regardless of portfolio size. Fees are generally calculated and billed quarterly in advance.