Maine Advisory Associates provides asset management and financial consulting services to individuals, high-net-worth individuals, trusts, estates, and business entities. For asset management, Maine Advisory Associates builds tailored portfolios consisting of individual stocks, bonds, exchange-traded funds, and mutual funds, conducting annual reviews and portfolio rebalancing. The firm also offers financial consulting on topics such as investment planning, retirement planning, estate planning, charitable planning, education planning, debt analysis, and insurance analysis. Maine Advisory Associates operates as a fiduciary, meaning the firm is legally required to act in your best interest at all times.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $400K | 1.40% |
| $400K - $1.0M | 1.25% |
| $1M+ | 1.00% |
First tier reflects the $5,600 minimum annual fee on a $400,000 balance (effective rate of 1.40%). Fees are negotiable at the firm's discretion, and total fees will not exceed 2.0% annually.