J. Stern & Co. focuses on managing investments for clients through several strategies, including global equities, US equities, multi-asset income, and emerging market corporate debt. They offer these strategies through managed accounts or investment funds. Investment decisions are based on in-house research and aim for long-term returns, avoiding benchmarks and focusing on quality businesses. They work with high net worth individuals, family offices, trusts, charities, and institutions.
Fee Structure
J. Stern & Co. charges an annual management fee based on the value of your assets. These fees typically range from 0.70% to 1.00%, excluding value added tax. Fees are negotiable, and other fee structures, including performance-based fees, are available. There are no additional charges payable to the firm with managed accounts, but clients will pay fees to their custodian. Fees are normally charged quarterly in arrears. The minimum account size is $5 million for the World Stars and US Stars strategies and $8 million for the Multi-Asset Income and Emerging Market Corporate Debt strategies. Investment funds managed by the firm have management fees ranging from 0.65% to 0.90% for investments of $1 million or more and 1.2% for investors who cannot invest as much as $5 million into a managed account. Additional costs and charges for the investment funds are limited to 0.30%.