Highstone Group
Assets Under Management
$243.0M
Number of Clients
179
Number of Advisors
3
Average Client AUM
$1.4M
AUM per Advisor
$81.0M
Compensation
Commission-BasedFee-Only (AUM)Fixed/Hourly
About This Firm
Highstone Group provides individualized investment advice based on client's needs, financial data, investment objectives, risk profile, time horizon, tax situation, and liquidity needs. They offer asset management and consulting services. They generally manage assets on a non-discretionary basis, utilizing equity and fixed income investments.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $2.5M | 1.25% |
| $2.5M - $5.0M | 1.00% |
| $5M+ | 0.75% |
All work and terms of payment are negotiable based on factors in each individual case. The range within which fees for investment supervisory and/or portfolio management services generally fall is between 0.50% and 2.0% annually.
Fee Estimator
Highstone Group's fees for financial planning, tax planning, consulting, and portfolio management are based on a percentage of assets under management. For standalone financial planning, tax planning, and consulting, hourly charges range from $150 to $350, depending on complexity. The minimum investment amount is $50,000, but exceptions may be granted. Fees are negotiable and payable in arrears. Clients are responsible for brokerage commissions and other charges. Insurance products may be recommended, and commissions may be earned on those products.
Areas of Practice
Location
4205 Dover Road, Richmond, VA, 23221