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
980 North Michigan Avenue, 14th Floor, Chicago, IL, 60611
Get directionsRegulatory History (2)
Judgment / Lien
October 1994Customer Dispute
October 1989Other Business Activities
Michael is a Managing Member of Advisor Revolution LLC, providing consulting services to Demogronomics, a demography consulting firm. This activity does not generate commissions.