Open Source Investments manages investment portfolios and retirement accounts for individuals, trusts, foundations, and small businesses. Founded in 2017 and based in Mandeville, Louisiana, the firm offers two main investment strategies: an actively managed mutual fund strategy and an exchange-traded fund strategy that uses economic data and technical analysis to navigate market changes. Open Source Investments builds customized portfolios using individual stocks and bonds, mutual funds, exchange-traded funds, and conservative option strategies. The firm also provides ongoing management for held-away accounts like retirement plans through an outside system. Open Source Investments works on a discretionary basis, meaning they make trades on your behalf after discussing your goals, risk tolerance, and time horizon during initial and ongoing reviews.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.30% |
| $250K - $500K | 1.20% |
| $500K - $750K | 1.10% |
| $750K - $1.0M | 1.00% |
| $1M+ | 0.80% |
Rates shown are for the Allocation and Managed Funds program. The OASIS Program has higher rates: 1.95% on the first $250,000, 1.80% on the next $250,000, and 1.70% on amounts over $500,000. Fees are negotiable in some circumstances.