Thrift Financial provides investment consulting services to individuals, families, endowments, foundations, trusts, estates, and businesses. For individuals and families, Thrift Financial focuses on building cost-effective investment portfolios that align with their personal risk profile and financial goals. For institutions, Thrift Financial focuses on better portfolio alignment with investment policies, investment selection, and greater cost efficiency. Thrift Financial offers both discretionary and non-discretionary investment management services.
Fee Structure
Thrift Financial charges a percentage of your portfolio or a fixed fee for investment management services. You can choose either fee schedule initially and switch each December. Fees are paid quarterly.
If you choose the percentage-based fee, the schedule is:
- $250,000 to $1,500,000: 0.50% per year
- $1,500,001 to $3,000,000: 0.40% per year
- $3,000,001 to $5,000,000: 0.30% per year
- Above $5,000,000: Negotiable
If your total assets managed by Thrift Financial are below $250,000, you may be exposed to a minimum $300 per quarter fee.
If you choose the fixed fee, the schedule is:
- Assets Under $500,000: $600 per quarter
- Assets $500,000 and Over but Under $1.5 million: $1800 per quarter
- Assets $1.5 Million and Over but Under $3 million: $3000 per quarter
- Assets $3 Million and Up to $5 million: $4000 per quarter
- Assets Above $5 million: Negotiable