Calidris Financial offers investment management services where they manage client portfolios, sometimes using sub-advisors or third-party managers through Envestnet. They also provide services to retirement plans and offer financial planning services, including full financial plans, consultation services, and ongoing financial planning. Calidris creates investment strategies tailored to each client's goals and objectives.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5.0M | 0.75% |
| $5M+ | 0.50% |
Fee may be negotiable. When using Sub-Advisors, the Client will pay additional fees up to 0.50%. The Sub-Advisors fees are not inclusive of the total fee disclosed by Calidris. Sub-Advisor directly deducts their portion of the fee separately from Calidris. Under the Envestnet program, the Envestnet Platform fee, and the Third-Party Money Manager (TPM) fee are bundled together. The total Envestnet fee will not exceed 0.75%, with the exact total fee dependent on which Third Party Manager is being used and the amount of assets being invested. The Envestnet fees are charged in addition to Calidris’ fees.