147th Group provides ongoing portfolio management services tailored to each client's goals, risk tolerance, and time horizon. They create an Investment Policy Statement for each client. 147th Group generally advises on mutual funds, fixed income securities, equities, ETFs and treasury inflation protected/inflation linked bonds, primarily recommending dividends and growth equities. Clients may not impose restrictions in investing in certain securities or types of securities in accordance with their values or beliefs.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $10.0M | 0.75% |
| $10.0M - $20.0M | 0.60% |
| $20M+ | 0.60% |
Fees negotiable for accounts over $20,000,000. 147th Group also offers a performance-based fee schedule for qualified clients, which includes an annual fee of 1% of assets under management and a 10% performance fee based on capital appreciation.