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 | 0.50% |
| $500K - $1.0M | 0.50% |
| $1.0M - $2.0M | 0.45% |
| $2.0M - $4.0M | 0.40% |
| $4.0M - $10.0M | 0.35% |
| $10M+ | 0.30% |
Efficient charges a minimum annual fee of $60.00 per investment account. Management fee may be negotiated.
Fee Estimator
Efficient Advisors charges a management fee based on the market value of your assets. The fee is calculated monthly or quarterly in advance. There is a minimum annual fee of $60 per investment account. Fees may be negotiable based on the amount of work involved, assets under management, and attention needed. The management fee does not include your advisor's fee, which may not exceed 1.4%.
Areas of Practice
Advisor Information
Office location
Greensboro, NC
Get directionsRegulatory History (1)
Regulatory
October 2005Other Business ActivitiesSells Insurance
Richard is a licensed real estate broker since 1984, spending minimal time listing and selling houses. He is also licensed in life, accident & health, variable life and annuity, and Medicare/long term care insurance, conducting these activities through Strategic Planning Corporation employment since 1986. Additionally, Richard works as an Investment Advisor Representative/Solicitor for Matson Money and Sowell Management, dedicating nearly full-time hours to each.