OakStreet Wealth Management provides investment advisory services to qualified retirement plans, including 401(k)s. OakStreet helps plan fiduciaries with objective setting, selecting asset classes, and choosing specific investments. OakStreet also offers plan design consulting and investment management, tailoring asset allocation strategies to meet plan requirements and fiduciary obligations. OakStreet may also assist in explaining the plan to participants.
Fee Structure
OakStreet Wealth Management provides investment advice to qualified retirement plans. Fees are based on a percentage of the portfolio's market value, with a maximum annual rate of 2.00%. The actual fee may be less than 2.00% and is negotiated on a case-by-case basis. There is a minimum annual fee of $5,000. The fees are payable quarterly in arrears.
Annual Asset Based Chart:
- 0-5 million up to 40 bps
- The next 5 million up to 35 bps
- The next 5 million up to 30 bps
- The next 5 million up to 25 bps
- The next 5 million up to 20 bps
- The next 5 million up to 15 bps
- The next 5 million up to 12 bps
- The next 5 million up to 10 bps