Legatum Services offers financial planning and investment management services to individuals, pension and profit sharing plans, trusts, estates, charitable organizations, and small businesses. Services include determining financial objectives, identifying financial problems, cash flow management, insurance review, investment management, education funding, retirement planning, and estate planning. Legatum does not sell commissioned products, but its representatives may be affiliated with entities that do.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 2.50% |
| $250K - $500K | 2.50% |
| $500K - $1.0M | 2.50% |
| $1.0M - $2.5M | 2.50% |
| $2.5M - $5.0M | 2.50% |
| $5M+ | 2.50% |
Clients will select a fee structure on the Investment Advisory Agreement, either a tiered structure or a linear structure. For a tiered structure, each level of assets is charged it own corresponding percentage rate. For example, a tiered fee schedule might charge 2% on the first $500,000, 1.75% on the nest $500,000 and 1.5% on the nest $500,000, effectively giving the client a blended and lower rate than the maximum fee of 2.5%. The linear structure the fees are decreased as a client's assets grow and breakpoints are met. Once a breakpoint has been met all of the assets back to dollar one are then charged at the new lower percentage rate.