Prudence Advisory Services recommends clients to unaffiliated third-party investment advisors who manage client accounts. Prudence Advisory Services assists clients in establishing investment objectives and monitors the activities of the third-party advisors. Prudence Advisory Services receives a portion of the fee paid to the third-party advisor for managing the client's account.
Fee Structure
Prudence Advisory Services does not directly manage client investments. Instead, they recommend third-party investment advisors. Prudence Advisory Services receives up to 1% of the managed assets as a fee for recommending, selecting, supervising the third-party advisor, monitoring portfolio performance, and meeting with the client. This fee is paid by the third-party advisor.