Long Faith Capital LLC offers portfolio management services tailored to individual client goals, objectives, and risk tolerance. They create an Investment Policy Statement for each client. They also offer financial planning services covering investment planning, insurance, tax concerns, retirement, college, and debt/credit planning. Long Faith Capital primarily recommends equities but may use other securities to diversify portfolios.
Fee Structure
Long Faith Capital charges a percentage of your portfolio each year. The rate depends on whether your account can invest in individual stocks. The fee is calculated on the last business day of the prior billing period.
For accounts that CANNOT invest in individual stocks:
- $0 - $50,000: 0.90% per year
- $50,001 - $100,000: 0.75% per year
- $100,001 - $150,000: 0.60% per year
- $150,001 - $500,000: 0.50% per year
- $500,001 and up: 0.45% per year
For accounts that CAN invest in individual stocks:
- $0 - $50,000: 1.20% per year
- $50,001 - $100,000: 1.00% per year
- $100,001 - $150,000: 0.90% per year
- $150,001 - $500,000: 0.80% per year
- $500,001 and up: 0.70% per year
Long Faith Capital also offers performance-based fees for clients with over $1 million managed or $2 million net worth. This fee is 30% of net income exceeding a 5% hurdle rate, plus a management fee of $300 plus 0.15% of the account balance per year.