Convergence Advisory Group offers ongoing portfolio management services based on individual client goals and risk tolerance. They create an Investment Policy Statement for each client. They also offer separate financial planning services, including flat-fee plans, hourly planning, a 12-month DIY Investor Rehab program, and a subscription service with varying levels of access. They seek to allocate investment opportunities fairly among clients.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 0.85% |
| $500K - $1.0M | 0.70% |
| $1.0M - $1.5M | 0.65% |
| $1.5M - $2.5M | 0.55% |
| $2.5M - $3.5M | 0.45% |
| $3.5M - $5.0M | 0.40% |
| $5.0M - $10.0M | 0.35% |
| $10M+ | 0.25% |
Fees are for Strategic Management Portfolio without Retirement Income Plan. With Retirement Income Plan, fees are: $0 - $500,000: 1.30% $500,001 - $1,000,000: 1.10% $1,000,001 - $1,500,000: 1.00% $1,500,001 - $2,500,000: 0.85% $2,500,001 - $3,500,000: 0.70% $3,500,001 - $5,000,000: 0.60% $5,000,001 - $10,000,000: 0.50% $10,000,001 – and up: 0.40% Bond & CD Ladder Accounts are billed at the lower of the above fee or 0.60%. All fees are negotiable.