Pelkonen and Associates offers investment management and financial planning services. They work with individuals, high net worth individuals, trusts, estates, charitable organizations, and businesses. Pelkonen creates customized investment strategies using exchange-traded funds, mutual funds, individual stocks, and bonds. They also offer financial planning services covering investment planning, retirement planning, education savings, and insurance needs. Pelkonen may recommend independent managers for a portion of a client's portfolio.
Fee Structure
Pelkonen and Associates charges a percentage of your portfolio annually for investment management. The rate depends on the type of investments and the amount you invest.
For accounts invested in stocks or a mix of stocks and bonds:
- First $250,000: 1.50% per year
- Next $250,000 (up to $500,000): 1.20% per year
- First $1,000,000: 1.00% per year
- Next $1,500,000 (up to $2,500,000): 0.90% per year
- Next $2,500,000 (up to $5,000,000): 0.75% per year
- Next $2,500,000 (up to $7,500,000): 0.60% per year
- Next $2,500,000 (up to $10,000,000): 0.55% per year
- Next $10,000,000 (up to $20,000,000): 0.35% per year
- Next $15,000,000 (up to $35,000,000): 0.25% per year
- Over $35,000,000: Negotiable
For accounts invested exclusively in bonds or advisory annuities:
- First $1,000,000: 0.35% per year
- Next $1,500,000 (up to $2,500,000): 0.32% per year
- Next $2,500,000 (up to $5,000,000): 0.26% per year
- Next $2,500,000 (up to $7,500,000): 0.21% per year
- Next $2,500,000 (up to $10,000,000): 0.19% per year
- Next $10,000,000 (up to $20,000,000): 0.12% per year
- Next $15,000,000 (up to $35,000,000): 0.09% per year
- Over $35,000,000: 0.05%