Optimum Investment Advisors, LLC
Assets Under Management
$321.8M
Number of Clients
213
Number of Advisors
N/A
Average Client AUM
$1.5M
AUM per Advisor
N/A
Compensation
Fee-Only (AUM)
About This Firm
Optimum provides discretionary asset management using equity, fixed income, and balanced portfolios. Wealth management includes asset allocation, investment management, financial and retirement planning, and net worth/cash flow planning. Sub-advisors may be used. Non-discretionary services are available on a limited basis.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.75% |
| $5M+ | 0.75% |
Fees negotiable for accounts over $5,000,000.
Fee Estimator
Our advisory fee is based on the market value of your assets under management. The annual fee is 1.25% on the first $500,000, 1.00% on assets between $500,001 and $3,000,000, 0.75% on the next $2,000,000, and negotiable for amounts over $5,000,000. Fees are billed monthly or quarterly in advance. The amount of your fee may be negotiable depending on circumstances. Our minimum account size is $500,000, but this may be waived.
Areas of Practice
Location
20 S. Clark Street, Suite 2130, Chicago, IL, 60603