Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 2.00% |
| $1.0M - $3.0M | 1.75% |
| $3.0M - $5.0M | 1.50% |
| $5M+ | 1.35% |
The annual fee is negotiable based upon certain criteria (e.g., historical relationship, type of assets, anticipated future earning capacity, anticipated future additional assets, dollar amounts of assets to be managed, related accounts, account composition, negotiations with Clients, etc.).
Fee Estimator
Truvestments charges an annual investment advisory fee based on assets under management, as detailed in the fee table. These fees are negotiable based on various criteria. They also offer financial planning services for an hourly fee of $500 per hour. For clients whose assets are placed in the private fund, the Advisor will charge an advisory fee on the assets placed in the Fund.
Areas of Practice
Advisor Information
Office location
6767 North Wickham Rd., Ste. 400, Melbourne, FL, 32940
Get directionsRegulatory History (2)
Customer Dispute
March 2024Regulatory
August 2017Other Business Activities
Kevin is the president of Kevin McEnerney Inc. DBA McEnerney Tax Advisory, dedicating about 10-20% of his time, with about a quarter of his time during securities trading hours. He is also the president of Lynch Tax Advisory Group, spending minimal time on this business.