CochranMickels Retirement Specialists offers investment management services where they make investment decisions for you, either with or without your prior approval for each trade. They also offer financial planning services, including full financial plans and consulting on specific financial topics. A full financial plan includes a review of your financial goals, net worth, cash flow, retirement strategy, risk management, investments, taxes, and estate planning.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $50K | 1.45% |
| $50K - $100K | 1.40% |
| $100K - $250K | 1.35% |
| $250K - $500K | 1.30% |
| $500K - $1.0M | 1.25% |
| $1.0M - $2.0M | 1.00% |
| $2.0M - $5.0M | 0.80% |
| $5.0M - $10.0M | 0.60% |
| $10M+ | 0.50% |
The annual fee is negotiable based upon certain criteria (e.g., historical relationship, type of assets, anticipated future earning capacity, anticipated future additional assets, dollar amounts of assets to be managed, related accounts, account composition, negotiations with Clients, etc.).