Eric Thomas Pratt

Cig Asset Management, INC.

33 Years of Experience

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Firm Information

Cig Asset Management, INC.

Compensation

Fee-Only (AUM)Fixed/Hourly

Number of Advisors

5 advisors

Number of Clients

196 clients

Average Client Portfolio

$699K average

Assets Under Management

$137.1M

Fee Structure

Minimum Investment:$100K

Financial Planning:Included in AUM fee

AUM-Based Fees (Tiered)

Assets Under Management	Annual Fee
Up to $250K	2.50%
$250K - $500K	2.00%
$500K - $750K	1.80%
$750K - $1.0M	1.50%
$1.0M - $1.5M	1.00%
$1.5M+	0.80%

The Advisory Fee is negotiable.

Fee Estimator

Your Portfolio Value

$500K

$0$500K$1M$5M$20M

Estimated Annual Fee

—

Financial Plan Fee:$2,500 - $10,000

Hourly Rate:Up to $500/hr

For financial planning, fees range from $2,500 to $10,000, based on estimated hours at a rate up to $500/hr. The Fee Based Program uses a tiered fee schedule based on assets under management (see table). Transaction charges and brokerage account fees may also apply. The advisory fee is negotiable and paid quarterly, in advance. A minimum of $100,000 is generally required to open an account in the Program.

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Areas of Practice

Investment ManagementRetirement PlanningTax PlanningEstate PlanningFinancial Planning & CoachingSocially Responsible Investing

Advisor Information

Office location

One Towne Square, Suite 1850, Southfield, MI, 48076

Get directions

Regulatory History

Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.