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 | 0.90% |
| $500K - $1.0M | 0.80% |
| $1.0M - $2.0M | 0.70% |
| $2.0M - $15.0M | 0.60% |
| $15.0M - $100.0M | 0.50% |
| $100M+ | 0.50% |
Fees are generally negotiable.
Fee Estimator
Kroon & Mitchell charges an annual fee based on assets under management, billed quarterly in arrears. For example, a client with $1,000,000 in assets would pay (0.90%/4 = 0.225%) on the first $500,000.00, and the next $500,00.00 (0.80%/4 = 0.20%). Hourly financial planning fees range from $150 to $300 and are paid via check. There is a minimum account size of $500,000 for both portfolio management and pension consulting, which may be waived at the firm's discretion. Fees are generally negotiable.
Areas of Practice
Advisor Information
Office location
29 Pearl Street Nw, Ste 400, Grand Rapids, MI, 49503
Get directionsRegulatory History
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Robert is a certified public accountant and earns an annual salary from this activity.