Five Eleven Family Office offers wealth management, investment management, risk management, financial planning, and consulting services to individuals, families, trusts, estates, charitable organizations, corporations, and other business entities. Five Eleven generally works with families and individuals with high net worth, but may waive this requirement at its discretion.
Fee Structure
Five Eleven Family Office charges an annual management fee based on a percentage of the assets they manage. This fee is negotiated with each client and ranges from 0% to 2% per year, paid quarterly in advance. Five Eleven also charges an annual fee to advise on a client's portfolio, called an Advisement Fee, which ranges from 0% to 1% per year, paid quarterly in advance. The Management Fee and the Advisement Fee are invoiced together and be referred to as the “Wealth Management Fee”.