Fortune Capital Management offers portfolio management services based on individual client goals and risk tolerance. They create an investment policy statement for each client. They also offer investment consulting services, including bookkeeping, investment monitoring, and general accounting duties. FortuneCapLLC generally limits its investment advice to equities and ETFs, although they primarily recommend equities/options.
Fee Structure
Fortune Capital Management charges a performance-based fee for portfolio management. This includes an annual fee of 2.00% of your portfolio, plus 20.00% of any capital appreciation. If your portfolio value increases, you'll pay 20.00% of that increase. If it decreases, you won't pay a new performance fee until it reaches the previous high value. These fees are negotiable.