High Falls Advisors, INC.
Assets Under Management
$607.0M
Number of Clients
766
Number of Advisors
10
Average Client AUM
$792K
AUM per Advisor
$60.7M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
High Falls Advisors, Inc. (HFA) offers portfolio management on a discretionary basis, utilizing various strategies including Core Market Index Portfolios, Enhanced Allocation Strategy, Fidelity Target Allocation Portfolios, and Personal Asset Management Accounts. They also provide financial planning services, business planning, and tax preparation.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.5M | 1.00% |
| $1.5M - $3.0M | 0.75% |
| $3M+ | 0.50% |
Alternative fees may be negotiated on a client-by-client basis. Multiple accounts in one household can be combined for breakpoint discounts.
Fee Estimator
The annual fee for investment services is based on a percentage of assets under management, billed quarterly in arrears. The fee schedule is 1.00% for the first $1,500,000, 0.75% for assets between $1,500,001 and $3,000,000, and 0.50% for assets over $3,000,000. Fees for financial planning services range from $2,500.00 to $20,000.00 annually, depending on complexity. Tax preparation fees range from $1000.00 to $15,000.00, with a minimum fee of $1000.00.
Areas of Practice
Location
180 South Clinton Ave, Suite 300, Rochester, NY, 14604