Phraction Management offers personalized investment management services, including both discretionary and limited discretionary accounts. They also provide consolidated reports, investment consulting, and family office consulting. Phraction formulates customized investment strategies based on client financial profiles and objectives. They primarily use a long-term buy and hold strategy, but may also use short-term purchases and option writing. Phraction does not provide legal or tax advice.
Fee Structure
Phraction Management offers investment management services where fees are calculated as a percentage of the value of your portfolio, typically between 0.40% and 0.85% annually. The specific fee is negotiated based on the size and complexity of your portfolio. Fees can be charged monthly or quarterly. Phraction also offers a performance-based fee arrangement to qualified clients, where you pay a reduced asset-based or fixed fee in addition to 5% of the account’s net profits, calculated annually. This is applied only to profits that exceed any prior cumulative gains.