Steele Investment Counsel, Ltd.
Assets Under Management
$87.8M
Number of Clients
62
Number of Advisors
1
Average Client AUM
$1.4M
AUM per Advisor
$87.8M
Compensation
Fee-Only (AUM)
About This Firm
Steele Investment Counsel, Ltd. (SIC) offers investment supervisory services based on a percentage of assets under management. They also provide wealth planning and consultations, and may charge a negotiated fee for these additional services. SIC primarily advises on equity, preferred, convertible, and debt securities, as well as mutual funds and ETFs.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.75% |
| $2.0M - $6.0M | 0.65% |
| $6M+ | 0.65% |
Fees negotiable above $6,000,000.
Fee Estimator
You'll pay an annual fee based on the market value of your assets under management. The fee is 1.00% on the first $1,000,000, 0.75% on the next $1,000,000, and 0.65% on the next $4,000,000. Fees are negotiable above $6,000,000. The minimum annual fee is $5,000, which implies a minimum of $500,000 in assets under management. This minimum can be waived at the Managing Partner’s discretion. Fees are payable quarterly in arrears based upon the beginning market value.
Areas of Practice
Location
5005 Horizons Dr., Ste 100, Columbus, OH, 43220