Black Cat Wealth is a small boutique firm founded in February 2021 and led by Sarah J. Hussey. The firm focuses primarily on managing investment portfolios for existing legacy clients using a core-and-satellite strategy designed for conservative growth and steady income. Black Cat Wealth does not actively market its services or solicit new clients. Portfolios are managed using a consistent framework that balances capital preservation with selective growth opportunities when market conditions warrant. In addition to investment management, Black Cat Wealth offers limited, as-needed financial planning discussions that are primarily educational, as well as one-time financial planning consultations for prospective clients seeking a high-level review of their financial situation and investment strategy. The firm does not use third-party managers and executes trades through Charles Schwab & Co.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $750K | 0.95% |
| $750K - $2.0M | 0.95% |
| $2.0M - $5.0M | 0.90% |
| $5M+ | 0.90% |
Standard fee schedule includes a $7,500 minimum annual fee for accounts between $375,000 and $750,000. Fees for accounts above $5,000,000 are negotiable. For legacy clients below the $375,000 minimum, the annual fee is capped at 1.5% of assets under management.