Charter Advisory Corporation
Assets Under Management
$366.3M
Number of Clients
732
Number of Advisors
16
Average Client AUM
$500K
AUM per Advisor
$22.9M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Charter Advisory Corporation provides investment advisory services to individuals, pension and profit sharing plans, trusts, estates, charitable organizations, corporations, and other business entities. Services include advice on asset allocation and investment selection, guided by client objectives, risk profile, and financial status. They manage accounts on both discretionary and non-discretionary bases.
Fee Structure
Charter's fees are negotiable and paid quarterly in advance, based on the account's asset value at the end of the prior quarter. Fees may be billed directly or deducted from the advisory account. The account custodian may charge separate fees for transactions and administration. Clients can rescind the agreement within five business days for a full refund. Either party may terminate the agreement with 30 days written notice. SWM program has a maximum account fee of 3.00% and does not require a minimum account size.
Areas of Practice
Location
250 E. 96th Street, Suite 200, Indianapolis, IN, 46240