Palos Management Inc. (PMI) provides tailored asset management services to meet individual client needs, including consulting on investment goals, time horizons, and risk tolerance. PMI actively monitors accounts and provides advice on buying, selling, or holding securities. PMI also offers financial planning services through a third party, Stellar Professional Corporation, covering personal and business financial planning, cross-border planning, and tax preparation.
Fee Structure
Palos Management Inc. charges an annual fee based on a percentage of the value of your account. This fee is typically between 0.75% and 1.5% and is negotiable based on factors such as the complexity of your situation, the composition of your account, potential for additional deposits, whether you are part of a household, and the total amount of assets managed for you. Fees are billed quarterly in advance. You can terminate the agreement with written notice, and any unearned fees will be refunded.