Gulf Coast Asset Management Company offers ongoing investment management by either directly managing client accounts or referring clients to third-party sub-advisers. The firm gathers information about your financial situation and investment goals to manage your account. Gulf Coast Asset Management also provides advice on retirement plan rollovers, acknowledging their fiduciary duty to act in your best interest. The firm invests in ETFs, stocks, bonds, mutual funds, options and alternative investments.
Fee Structure
Gulf Coast Asset Management charges a percentage of your portfolio's value annually, ranging from 0.2% to 3%. The exact percentage will be specified in your agreement. Fees are billed quarterly in advance, based on the value of your account on the last business day of the previous quarter. Fees are negotiable based on factors like the type of client, complexity, and potential for additional deposits. There is a $500,000 minimum account size per household. When Gulf Coast Asset Management refers clients to sub-advisers, the total annual fee charged by the sub-adviser and Gulf Coast Asset Management combined will be a range between 0.20% and 3%.