Fenimore Asset Management, INC.
Assets Under Management
$5.4B
Number of Clients
660
Number of Advisors
18
Average Client AUM
$8.2M
AUM per Advisor
$301.4M
Compensation
Fee-Only (AUM)
About This Firm
Fenimore Asset Management offers discretionary investment advisory services to registered funds, separately managed accounts (SMAs), and a private fund. They also provide non-discretionary model portfolios. Founded in 1974, the firm focuses on understanding client objectives and formulating investment programs accordingly. Financial planning services are offered at Fenimore's discretion.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $5.0M | 1.00% |
| $5.0M - $10.0M | 0.85% |
| $10M+ | 0.75% |
Fees listed are for accounts opened on or after October 21, 2013, in the Core Value Strategy and/or Equity Income Strategy, and the Small Cap Equity Strategy.
Fee Estimator
Fenimore's fees are based on a percentage of assets under management. For accounts opened after October 21, 2013, the annual fee is 1.5% for accounts under $1 million, 1.00% for accounts between $1 million and $5 million, 0.85% for accounts between $5 million and $10 million, and 0.75% for accounts over $10 million. Fixed income portfolios may be charged up to 0.50%. Fees are billed quarterly. Fenimore may charge different fees or waive fees based on client needs and financial condition.
Areas of Practice
Location
384 North Grand Street, Cobleskill, NY, 12043