Cartera Investments manages investment portfolios and provides financial planning services. Cartera works with clients to determine their investment objectives, tax situation, and risk tolerance. Cartera primarily recommends portfolios consisting of mutual funds, exchange traded funds (ETFs), individual fixed income securities, certificates of deposit, and individual equity securities. Cartera also offers financial planning services covering retirement planning, education funding, and budgeting.
Fee Structure
Cartera Investments charges a flat annual fee of $2,400 for non-discretionary accounts. For discretionary accounts, Cartera charges a base fee plus a percentage on assets exceeding the base amount, up to a maximum of $10,000 per year, deducted quarterly.
Here's how the fees work for discretionary accounts:
- Under $250,000: $2,400
- $250,000 - $500,000: $2,400 plus 0.75% on the amount over $250,000
- $500,000 - $1,000,000: $4,275 plus 0.65% on the amount over $500,000
- $1,000,000 - $1,500,000: $7,525 plus 0.5% on the amount over $1,000,000
- $1,500,000+: $10,000