Aspan Capital provides discretionary investment management services to high-net-worth individuals and qualifying entities through separately managed accounts. The firm focuses on portfolio construction, fundamental research, event-driven analysis, and technical analysis to select individual equity securities and derivatives. Aspan Capital uses a single investment strategy and requires clients to maintain brokerage accounts with Interactive Brokers. The firm charges a performance-based fee rather than a traditional management fee based on a percentage of the portfolio value, requiring clients to meet specific high-net-worth or qualified client thresholds before establishing an advisory relationship.
Fee Structure
Aspan Capital does not charge a traditional management fee based on the value of your portfolio. Instead, the firm charges a performance-based fee that applies only if your investments grow:
- Performance Fee — 25% of the net increase in your account's value during each calendar year.
- Hurdle Rate — Your account must achieve a return of at least 6% before any performance fee is earned, and the fee only applies to gains above that 6% threshold.
- High Water Mark — The firm only earns a performance fee if your account value exceeds its previous highest ending value, adjusted for any contributions or withdrawals you make.
Because of these rules, you only pay a fee when your investments generate positive returns that beat the 6% hurdle and surpass previous peak values. To qualify for this service, you must meet specific legal wealth or asset thresholds.