Austin Asset Management Company is only compensated by fees paid directly by our clients. We do not receive commissions, do not receive payments from third-parties, and have no financial interest in any services or investment products we employ for our clients.
Fees for financial planning services typically range from $2,500 to $8,000 and may be higher in more complex situations.
Fees for asset management services are show below:
| Fee Schedule for Asset Management | ||
|---|---|---|
| Managed Assets | Annual Fee | Quarterly Fee |
| $0 - $1,000,000 | 1.00% | 0.2500% |
| $1,000,000 - $3,000,000 | 0.70% | 0.1750% |
| $3,000,000 - $5,000,000 | 0.45% | 0.1125% |
| $5,000,000 - $8,000,000 | 0.35% | 0.0875% |
| $8,000,000 and over | 0.25% | 0.0625% |
Asset management fees are billed directly to a predetermined discretionary account on a quarterly basis. The fee is calculated based on the assets under management at the beginning of the quarter and is subject to a minimum of $1,250. Fees are billed in advance.
Please see our Form ADV Part II for complete information regarding fees. A copy of Form ADV Part II is available upon request.