Anchor Capital Management acts as an intermediary, connecting clients with third-party investment managers. Anchor Capital Management assesses client needs and recommends suitable managers, building an allocation plan with two to four managers. Financial planning, including retirement feasibility studies, is offered as a complimentary service to clients who hire Anchor Capital Management and third-party investment advisors. Anchor Capital Management monitors the third party investment advisors to ensure the investment strategy is aligned with clients’ best interest.
Fee Structure
Anchor Capital Management does not directly manage client assets. Instead, they recommend third-party investment managers who charge a percentage of the assets they manage. Anchor Capital Management receives 50% of the fee charged by the third-party investment advisor. The specific fees charged by the third-party managers are listed in their own regulatory filings. Anchor Capital Management currently works with Smart Portfolios and WealthMark LLC. Smart Portfolios' maximum fee is 1.5% and the minimum is 0.60%. WealthMark LLC's maximum and minimum fee is 1%.