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 $500K | 1.20% |
| $500K - $1.0M | 1.00% |
| $1.0M - $3.0M | 0.85% |
| $3.0M - $5.0M | 0.75% |
| $5M+ | 0.65% |
Fee schedule is for new clients who retain Vector after March 31, 2019. Vector reserves the right to discuss and agree upon an appropriate fee that may either be higher or lower than the stated schedule.
Fee Estimator
Vector charges an annual fee based on a percentage of assets under management. For example, the first $500,000 is billed at 1.2%, the next $500,000 at 1%, and the next $2,000,000 at 0.85%. Fees are generally prorated and billed quarterly in arrears, but legacy SNS clients are billed in advance. Vector reserves the right to negotiate fees higher or lower than the stated schedule. A minimum portfolio size of $500,000 is required.
Areas of Practice
Advisor Information
Office location
43 Main Street Se, Suite 236, Minneapolis, MN, 55414
Get directionsRegulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Joseph is a registered representative with Purshe Kaplan Sterling Investments since 2013. He also sells fixed insurance products.