Flip With Lou & Kip, LLC aims to improve financial literacy among young professionals in the entertainment and sports industries. They offer portfolio management through separately managed accounts, tailored to each client's objectives and risk tolerance. Flip also offers a wrap fee program, which bundles advisory services and transaction costs into one fee. The firm requires a minimum capital of $50,000 for separate accounts.
Assets Under Management$0
ClientsN/A
Advisors1
Avg. per ClientN/A
Avg. per Advisor$0
Fee Structure
Minimum Investment:$50K
Investment management only (planning not offered)
Flip With Lou & Kip, LLC offers two programs:
- Wrap Program: Clients pay an all-inclusive annual fee of 3.5% of their portfolio value, paid quarterly in advance. This covers advisory services and transaction costs.
- Investment Management Program: Clients pay a quarterly fee of 0.50% (2% annually) of their portfolio value, paid in advance. "Qualified Clients" also pay a performance fee of 20% of new profits.
Loading...