Rich Michaels Investments offers investment management services. They review each client's financial situation to assess their investment needs. The firm develops and provides investment recommendations, including portfolio design, revision, and reallocation guidance, subject to client approval. Portfolios are constructed to seek to achieve the client’s stated objectives, consistent with the client’s risk tolerance and the prevailing market environment. Rich Michaels Investments does not have discretionary authority over clients’ accounts and does not have custody of any clients’ funds or securities.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.25% |
| $250K - $500K | 1.25% |
| $500K - $1.0M | 1.25% |
| $1.0M - $2.0M | 1.00% |
| $2.0M - $5.0M | 0.85% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.65% |
Fees are generally not negotiable; however, in limited circumstances and at the Adviser’s sole discretion, the Adviser may reduce or waive fees or agree to an alternative fee arrangement.