Herold Advisors, INC.
Assets Under Management
$489.7M
Number of Clients
523
Number of Advisors
11
Average Client AUM
$936K
AUM per Advisor
$44.5M
Compensation
Fee-Only (AUM)
About This Firm
Herold Advisors provides portfolio management services on a discretionary and non-discretionary basis to individuals, business entities, trusts, estates, pension and profit-sharing plans, and charitable organizations. They review client needs, objectives, and risk tolerance to determine the optimal asset allocation. Investment advice is limited to equity, fixed income, mutual fund, and ETF products.
Fee Structure
Management fees are negotiable with each client and documented in the Investment Advisory Agreement. Herold generally charges 1% of the market value of assets under management. Fees are billed quarterly in advance. The managed account program fees are exclusive of brokerage commissions, transaction fees, and other related costs. There is no annual minimum fee or asset level required.
Areas of Practice
Location
845 Third Avene Suite 1703, New York, NY, 10022-7513