Anchor Capital Management acts as a liaison between clients and third-party investment managers. They assess client needs, recommend suitable managers, and build an asset allocation plan. Financial planning, including retirement feasibility studies, is offered as a complimentary service to clients who hire them and third-party investment advisors. Anchor Capital Management does not manage assets directly.
Fee Structure
Anchor Capital Management does not directly manage your investments. Instead, they recommend third-party investment managers who will manage your assets. You will pay the third-party manager a fee based on the value of your account. Anchor Capital Management receives 50% of the fee charged by the third-party manager. The fees for Smart Portfolios range from 0.60% to 1.5%. The fees for WealthMark LLC are a flat 1%. These fees are negotiable at the manager's discretion.