The Westchester Group provides investment advice to wealthy individuals and institutions. They build portfolios using stocks, bonds, and money market funds, tailored to each client's goals. They monitor accounts monthly and offer both discretionary (where they make the trades) and non-discretionary (where you make the trades) services. The firm uses an open investment platform to avoid limiting investment choices and conflicts of interest.
Fee Structure
The Westchester Group's investment advisory fees are calculated as a percentage of the value of your portfolio. These fees are typically paid monthly, based on the value of your investments at the end of the month. Some investments, like mutual funds and variable annuities, have their own fees that will also reduce your investment value.