Assets in excess of $500,000
The 2017 Inside Information Planning Profession Fee Survey notes the median management fee for accounts up to $1 million in value as 1% annually. The median rate decreases to 0.65% annually for portfolios worth $5 million. Our clients are charged a blended tiered rate based on assets under management. This blended rate means a client with $1 million under management at Koenig Investment Advisory is charged 0.69% annually, below the 1% median. Portfolios worth $5 million receive a blended rate of 0.54%, again, below the median. Our small town setting and efficient office translate into lower costs for us, which we are then able to pass along to our clients.
Koenig Investment Advisory is a SEC Registered Investment Advisor. TD Ameritrade, acts as custodian for the majority of our clients’ assets. TD executes the trades and prepares monthly statements for each client.