Steven Hermann Advisory manages investment portfolios and provides comprehensive financial planning and consulting services. Steven Hermann Advisory builds customized investment strategies based on each client's specific goals, time horizon, and risk tolerance, utilizing third-party management platforms like Envestnet when appropriate. In addition to portfolio management, Steven Hermann Advisory evaluates clients' financial futures through cash flow analysis, tax reduction strategies, estate and legacy planning, and executive benefits planning. Steven Hermann Advisory operates as a registered investment advisor based in Columbia, Missouri, serving individuals, small businesses, trusts, estates, and high-net-worth clients.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.50% |
| $10.0M - $20.0M | 0.40% |
| $20.0M - $30.0M | 0.35% |
| $30.0M - $50.0M | 0.30% |
| $50.0M - $75.0M | 0.25% |
| $75M+ | 0.25% |
Fees for assets over $75M are negotiable. Third-party platform fees (such as Envestnet) and sub-advisory fees apply in addition to Steven Hermann Advisory's management fee.