Riddick & Co Entrepreneurial Finance provides ongoing investment management through the AssetMark Platform, where they can manage client assets directly or introduce clients to third-party investment managers selected by AssetMark. Riddick & Co also offers financial planning and consulting services, including automated and traditional one-on-one planning. They provide educational webinars and training seminars on investment and financial planning topics.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.10% |
| $250K - $500K | 1.05% |
| $500K - $1.0M | 1.00% |
| $1.0M - $2.5M | 0.80% |
| $2.5M+ | 0.70% |
AssetMark also charges a platform fee which covers the cost of all transactions executed through the program, AssetMark’s compensation for the program and the fees paid to any other third-party investment advisers used to manage client accounts. The AssetMark Platform Fee varies by investment solution but does not exceed 1.15% annually. Therefore, the maximum total advisory fee (Riddick & Co’s fee plus AssetMark Platform Fee) charged to Riddick & Co. clients will not exceed 2.25%. Each client’s annual fee is negotiable and determined based on the investment adviser representative providing the services, the type of client, the complexity of the client's situation, the potential for additional Account deposits, and the relationship of the client with the investment adviser representative.