Corundum Group, INC.
Assets Under Management
$1.5B
Number of Clients
150
Number of Advisors
5
Average Client AUM
$10.3M
AUM per Advisor
$308.4M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Corundum Group, Inc. provides investment advisory services and manages investment accounts for individuals, high-net-worth individuals, trusts, foundations, and partnerships. Services include financial planning, tax planning, estate planning, and retirement planning. They offer a range of equity investment classes and alternative investments.
Fee Structure
Corundum Group is primarily compensated through advisory fees based on a percentage of assets under management, with the standard fee being 1%. Fees are negotiable based on the size and complexity of the accounts, the investment products used, the level of specialized services, and the historical relationship. There is a minimum annual fee of $10,000. They also offer hourly and flat fee arrangements. Clients may incur additional fees from third-party brokers for custody and sub-advisory services, as well as mutual fund management fees.
Areas of Practice
Location
1 South Nevada, Suite 200, Colorado Springs, CO, 80903