Mercantile Advisors, LLC offers personalized financial planning and investment management services. Advice covers financial objectives, problem identification, cash flow, tax planning, insurance, investments, education, retirement, and estate planning. Mercantile Advisors does not sell stocks, bonds, or mutual funds but may recommend annuities and insurance. Clients make the final investment decisions and maintain asset control.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.50% |
| $250K - $500K | 1.35% |
| $500K - $750K | 1.20% |
| $750K - $1.0M | 1.00% |
| $1.0M - $5.0M | 1.00% |
| $5M+ | 0.75% |
These fees are for accounts without options agreements. Accounts under $1,000,000 with options agreement: 2.0% flat fee. Between $1,000,000 and $5,000,000 with options agreement: 1.25% flat fee. $5,000,000 and over with options agreement: 1.00% flat fee. There is a single 0.50% annual fee, paid quarterly and in advance, for monitoring non-discretionary accounts that client has placed with Mercantile Advisors for review only, and client retains control over the account.