sK Advisor Network (sKan) is a collective of smaller registered investment advisors (member firms) that aims to achieve greater industry scale and shared services. sKan provides fee-only asset management and financial services through consultations and also furnishes advice to clients on matters not involving securities. sKan provides sub-advisory services to other registered investment advisors.
Assets Under Management$170M
Clients2
Advisors2
Avg. per Client$83M
Avg. per Advisor$83M
Fee Structure
Investment management only (planning not offered)
sKan provides investment management services to other registered investment advisors (member firms) and withholds a percentage of the advisory fees charged to the end client.
The percentage withheld from the member firm's advisory fees varies depending on the year:
- 30% of fees withheld in year one, 20% of fees withheld in year two, and 10% of fees withheld in year three. Year four and beyond withholding will be negotiable.
- 20% of fees withheld in year one, 20% of fees withheld in year two, and 20% of fees withheld in year three. Year four and beyond withholding will be negotiable.
- 10% of fees withheld in year one, 20% of fees withheld in year two, and 30% of fees withheld in year three. Year four and beyond withholding will be negotiable.
Loading...
