Frec Advisers provides automated investment advice and portfolio management through its online platform. It offers direct indexing, tax-loss harvesting, hedging strategies, and cash management services to retail clients of its affiliate, Frec Securities. Clients can choose full or limited discretionary authority. The firm tailors its services based on a client profile to determine financial situation, risk tolerance, and goals. Frec Advisers does not provide advice in person or over the phone.
Fee Structure
Frec Advisers charges a percentage of your portfolio annually, depending on the investment strategy you choose. Examples include:
- S&P 500 index: 0.09%
- CRSP US Large Cap index: 0.10%
- Russell 2000 index: 0.26%
- Factor Tilt Long-Short 250/150 index: 1.30%
- Cash Management Investment: 0.20%
Fees are calculated monthly based on the value of your investments. If you close your account, fees are calculated as of your last day of service.