Sierra Ocean offers investment management and financial planning services. They work with clients to understand their investment goals and then recommend an asset allocation strategy. Sierra Ocean also provides ongoing monitoring and review of account performance. They offer financial planning on a project or ongoing basis, covering topics like estate planning and insurance. Clients are responsible for notifying Sierra Ocean of any changes in their financial situation or investment objectives.
Fee Structure
Sierra Ocean charges an annual investment advisory fee based on a percentage of the value of your investments. The fee generally ranges from 0.50% to 1.25%. Alternatively, Sierra Ocean may agree to a fixed annual retainer, typically ranging from $5,000 to $35,000 per year, but may be higher in exceptional cases. Fees are negotiable based on factors like the amount of assets managed and the complexity of the engagement.