Finivi offers financial planning, consulting, and investment management services. Financial planning can be comprehensive or focused on specific issues. Investment management is discretionary, primarily using individual stocks and bonds, exchange-traded funds, and mutual funds. Finivi also provides advice on insurance products. Finivi works with individuals, pension plans, trusts, estates, charitable organizations, corporations, and business entities.
Fee Structure
Finivi manages investments for a fee based on a percentage of the value of your portfolio. The fee includes a platform fee of 0.06% charged by Envestnet Asset Management Inc., with a $100 minimum annual platform fee. The percentage charged depends on whether your portfolio is primarily invested in stocks or bonds, and the amount you invest. The fee is charged quarterly in advance.
Equity Portfolios:
- First $250,000: 1.50%
- Next $250,000: 1.40%
- Next $250,000: 1.30%
- Next $250,000: 1.20%
- Next $1,000,000: 1.10%
- Next $3,000,000: 1.00%
Fixed Income Portfolios:
- First $250,000: 1.00%
- Next $250,000: 0.95%
- Next $250,000: 0.90%
- Next $250,000: 0.85%
- Next $1,000,000: 0.80%
- Next $3,000,000: 0.70%
- Amounts above $5,000,000: 0.65%