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 $3.0M | 1.00% |
| $3.0M - $10.0M | 0.50% |
| $10M+ | 0.40% |
If the market value of the assets under management is less than $500,000.00 on the initial billing date, an annual fee of 1.25% will apply to all assets under management. Should the market value of the assets under management decrease below $500,000.00 after a lower rate has been previously applied, MCF will honor the lower rate.
Fee Estimator
MCF's fees are based on a combination of fixed and asset-based fees, depending on the services you choose. Financial planning fees range from $200 to $1,000 or more per month. Investment management fees are based on the assets managed, with a rate of 1.25% applying to all assets under management if the market value of the assets under management is less than $500,000.00 on the initial billing date. Tax return preparation has a minimum fee of $625 per engagement. MCF also offers private investment funds with potentially reduced management fees for large commitments. Envestnet managed account programs have additional fees of 2 to 10 basis points per account, with a $50 minimum annual fee per account. Many clients have grandfathered fee schedules that may be higher or lower than the current schedule.
Areas of Practice
Advisor Information
Office location
333 West Vine Street, Suite 1740, Lexington, KY, 40507
Get directionsRegulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Learn about disclosures →Other Business Activities
David is the owner operator of Seven Stones Farm, LLC, dedicating a few hours per week. He also serves in an advisory role as a board member for Worldwide Equipment Enterprises, Inc. and as a board of trustee member for the University of Pikeville, spending minimal time on each.