Costs
Services
Greatmark Investment Partners manages equity, balanced and bond portfolios for individual investors, retirement accounts/plans, foundations and businesses. While we follow a disciplined investment philosophy, we can customize any portfolio to meet your needs and risk tolerance. The minimum portfolio we will manage is $100,000.
Fee Structure
Professionally managed accounts (and mutual fund portfolios) in "wrap-fee" arrangements at brokerage firms can be expensive and eat into your returns. We intentionally designed our fee structure to be very competitive. We charge 1.00% a year on the first $700,000 of equity assets, 0.75% on balances between $700,000 and $2 million and 0.50% on balances over $2 million. We charge 0.50% on bond and mutual fund balances below $2 million and 0.25% on bond and mutual fund balances above $2 million. We reserve the right to negotiate all fees.
Establishing your relationship and brokerage account
We do not custody assets. You will need a broker to hold your securities and execute the trade instructions we give them. We manage your portfolio through the broker of your choice. Once you have made the decision to hire us, we will help you set up your account.
Greatmark has established relationships with Charles Schwab & Co., TD Ameritrade, Morgan Stanley, Wells Fargo Advisors, Raymond James, Merrill Lynch, Synovus Securities, Synovus Trust & FAM, LPL Financial. We can work with other brokerage firms as well if you so choose.
We will have you:
1) Sign an agreement which allows Greatmark to direct transactions on your behalf at the broker of your choice.
2) Establish a custodial relationship (with either a brokerage firm or a bank) so they can become custodian of your assets in an account bearing your name. Greatmark will at no time have custody of your assets. We will prepare the necessary forms for your signature to establish this relationship.
Greatmark Investment Partners manages equity, balanced and bond portfolios for individual investors, retirement accounts/plans, foundations and businesses. While we follow a disciplined investment philosophy, we can customize any portfolio to meet your needs and risk tolerance. The minimum portfolio we will manage is $100,000.
Fee Structure
Professionally managed accounts (and mutual fund portfolios) in "wrap-fee" arrangements at brokerage firms can be expensive and eat into your returns. We intentionally designed our fee structure to be very competitive. We charge 1.00% a year on the first $700,000 of equity assets, 0.75% on balances between $700,000 and $2 million and 0.50% on balances over $2 million. We charge 0.50% on bond and mutual fund balances below $2 million and 0.25% on bond and mutual fund balances above $2 million. We reserve the right to negotiate all fees.
Establishing your relationship and brokerage account
We do not custody assets. You will need a broker to hold your securities and execute the trade instructions we give them. We manage your portfolio through the broker of your choice. Once you have made the decision to hire us, we will help you set up your account.
Greatmark has established relationships with Charles Schwab & Co., TD Ameritrade, Morgan Stanley, Wells Fargo Advisors, Raymond James, Merrill Lynch, Synovus Securities, Synovus Trust & FAM, LPL Financial. We can work with other brokerage firms as well if you so choose.
We will have you:
1) Sign an agreement which allows Greatmark to direct transactions on your behalf at the broker of your choice.
2) Establish a custodial relationship (with either a brokerage firm or a bank) so they can become custodian of your assets in an account bearing your name. Greatmark will at no time have custody of your assets. We will prepare the necessary forms for your signature to establish this relationship.
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