Porter Investments
Assets Under Management
$34.2M
Number of Clients
116
Number of Advisors
1
Average Client AUM
$295K
AUM per Advisor
$34.2M
Compensation
Fee-Only (AUM)
About This Firm
Porter Investments offers personalized advisory services, creating tailored investment programs based on client preferences and goals. The firm manages client portfolios on a discretionary basis, allocating assets among mutual funds, ETFs, and individual securities. They also provide advice on legacy positions and may recommend private placements to accredited investors.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 2.00% |
| $500K+ | 1.60% |
Fees may be negotiable based on certain criteria.
Fee Estimator
Porter Investments charges an annual investment management fee based on assets managed. The fee ranges from 1.6% to 2.0% depending on portfolio size. Specifically, it's 2.0% for portfolios valued between $200,000 and $500,000, and 1.6% for amounts above $500,000. Fees are prorated and charged quarterly in advance. The firm generally imposes a minimum portfolio size of $200,000, but may accept smaller portfolios at its discretion. Fees may be negotiable based on certain criteria. Clients may also incur additional charges from third parties like broker-dealers and custodians.
Areas of Practice
Location
One Riverway, Suite 1700, Houston, TX, 77056