Fees
Mowrey Investment Management offers wealth management services for a quarterly retainer fee. The size of this fee is determined based on the value of the financial portfolio under management. Assets under management are typically comprised of several different accounts, such as: brokerage accounts, IRAs, 401K/403Bs, custodial accounts, etc. The customary fees are as follows: Asset Range Annual Service Fee Quarterly Fee Paid $0-500,000 1.5% 0.375% $500,001-$1,000,000 1.00% 0.250% $1,000,00+ 0.75% 0.1875% For retirees or other clients with a portfolio objective targeted primarily for income (asset allocations over 60% fixed income), the investment management fees are lower. Below are the portfolio management fees for these accounts:
Asset Range Annual Service Fee Quarterly Fee Paid $0-500,000 1.00% 0.250% $500,001-$1,000,000 0.75% 0.1875% $1,000,001+ 0.50% 0.125%
The minimum quarterly retainer fee for new clients is $1,500 per quarter.