Powers Financial Group offers investment management based on individual client needs, including stocks, bonds, and other securities. They also provide financial planning services on topics such as retirement, risk management, college savings, and debt management. Investment management is offered on a discretionary basis. Financial planning can be comprehensive or a la carte.
Assets Under Management$5.7M
Clients45
Advisors1
Avg. per Client$130K
Avg. per Advisor$5.7M
Fee Structure
Investment management only (planning not offered)
Powers Financial Group charges a percentage of your portfolio annually for investment management services. The exact fee schedule is negotiated and agreed upon in the Investment Advisory Agreement. Here are some example fee schedules:
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Schedule #1:
- First $100,000: 2.00%
- $100,000.01 to $500,000: 1.50%
- $500,000.01 to $2,500,000: 1.00%
- Over $2,500,000.01: 0.50%
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Schedule #2:
- First $500,000: 1.50%
- $500,000.01 to $1,000,000: 1.25%
- $1,000,000.01 to $2,500,000: 1.00%
- Over $2,500,000.01: 0.75%
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Schedule #3:
- First $1,000,000: 1.25%
- $1,000,000.01 to $3,000,000: 1.00%
- $3,000,000.01 to $5,000,000: 0.90%
- Over $5,000,000.01: 0.75%
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