Spectrum Asset Management INC
Assets Under Management
$640.1M
Number of Clients
318
Number of Advisors
7
Average Client AUM
$2.0M
AUM per Advisor
$91.4M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Spectrum Asset Management provides investment advisory services, allocating client assets among various securities. They offer both discretionary and non-discretionary management. They also provide basic financial planning and consulting services, with fees agreed upon in a separate agreement. Clients can access services through sub-advisory relationships.
Fee Structure
Spectrum charges an annual fee based on a percentage of the assets they manage. The specific percentage varies depending on the type of account (Equity & Balanced, Fixed Income, or Cash Management) and the asset level. Emerging Wealth Management accounts (below $750,000) have a maximum fee of 1.65%. Fees are prorated and paid quarterly in advance. Financial planning fees are determined based on the nature and complexity of the services provided and are agreed upon beforehand. Spectrum generally encourages a minimum asset level of $1 million to commence an engagement.
Areas of Practice
Location
1301 Dove Street, Suite 720, Newport Beach, CA, 92660-2453