First Down Financial is a registered investment advisor located in Oviedo, Florida, specializing in portfolio management and investment advisory services. First Down Financial designs diversified portfolios using model asset allocations, primarily utilizing institutional mutual funds such as those from Dimensional Fund Advisors, along with individual U.S. treasuries, municipal bonds, and exchange-traded funds. The firm builds portfolios around five broad mandates ranging from income-focused to aggressive growth, based on each client's specific goals, risk tolerance, and time horizon. First Down Financial manages client accounts on a discretionary basis, meaning they make trades on your behalf without needing prior approval for every transaction. In addition to individual portfolio management, First Down Financial offers qualified plan services to retirement plans and plan sponsors. Financial planning is typically provided in connection with a managed portfolio relationship at no separate additional fee. The firm emphasizes long-term investing rooted in modern portfolio theory and efficient market hypotheses, avoiding market timing and individual stock picking.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 2.00% |
| $250K - $500K | 1.50% |
| $500K - $1.0M | 1.25% |
| $1.0M - $2.0M | 1.10% |
| $2.0M - $5.0M | 0.90% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.75% |
Portfolios under $250,000 accepted at discretion with a maximum fee of 1.75% annually. Fees for $10M and over are quoted individually. Management fees may be discounted.