Cornell Capital Group connects clients with third-party money managers who handle investment portfolios. Cornell Capital Group gathers information about your finances and goals, then recommends a suitable manager. They monitor the manager's performance and act as a go-between for you and the manager, handling paperwork and providing updates. You'll pay the manager's fees, and Cornell Capital Group receives a portion of those fees as a referral.
Fee Structure
Cornell Capital Group does not directly manage your investments. Instead, they connect you with third-party money managers. These managers charge a percentage of your portfolio annually. For example, Gradient Investments charges between 1.00% and 2.00% depending on the portfolio type. Howard Capital Management charges up to 2.5%. Cornell Capital Group receives a portion of these fees as a referral. A quarterly service fee of $15 is also charged.