Freedom Capital Management refers clients to third-party investment advisors to manage their assets. They conduct due diligence on these advisors. FCM also offers education and estate planning services through Estate Guru, LLC, for an additional fee. FCM does not manage assets directly or participate in wrap fee programs.
Fee Structure
Freedom Capital Management does not directly manage investments. Instead, they connect you with third-party investment managers. The total annual fee for these managers is:
- $0 - $400,000: 1.00%
- $400,001 - $500,000: 1.00%
- $500,001 - $1,000,000: 0.75%
- $1,000,001 - $2,000,000: 0.50%
- $2,000,001 - $3,000,000: 0.35%
- $3,000,001 - $6,000,000: 0.35%
- $6,000,001 - $10,000,000: 0.30%
- $10,000,001 and above: 0.05%
These fees are paid quarterly, in advance, based on the value of your account at the end of the previous quarter. GeoWealth, the third-party investment manager, calculates and deducts the fee from your account, then pays Freedom Capital Management their portion. GeoWealth's fee is non-negotiable.