Hiring a financial advisor is a business decision. You run a business consisting of your investable assets, and you risk your capital in exchange for long term growth. Your business currently has expenses, including substantial income taxes, mutual fund management fees, and trading costs.
As your CFO, Ross Asset Advisors will help you minimize these expenses, increase your revenue, and manage your risk. Our clients find that our efforts generate a positive return on the fees they pay for our help.
Why we are fee only
As surprising as this may be to some investors, most investment advisors have hidden fees, often in the form of commissions kicked back to advisors from mutual fund companies. The fund companies, such as American Funds, use loads and 12b-1 charges to bury fees within their expense ratios. These fees are then passed along to advisors in exchange for steering assets to their funds. As you can imagine, investors do not benefit from this arrangement.
At RossAsset, we believe that advisors should be paid only by their clients, and not by mutual funds eager to acquire funds. We work only with fund companies that do not pay commissions.
Fee Structure
Ross Asset Advisors charges clients a single, quarterly fee for all accounts under one family. This fee is based on account size, and is assessed quarterly based on a schedule:
Fees for accounts over $20 million are subject to discussion and mutual agreement. Please contact us to learn more.
Typical Account Size
Clients will have $2 million to $50 million to invest. We make occasional exceptions to our minimum account size for clients in high-earning professions who are committed to growing their wealth over 30+ years.
If your philosophies match ours, then we’d like your business. Please Contact Us via email, or call us at 310-849-1081.