Financial Strategies Group
Assets Under Management
$169.8M
Number of Clients
659
Number of Advisors
4
Average Client AUM
$258K
AUM per Advisor
$42.5M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Classic Asset Management, LLC provides discretionary and non-discretionary portfolio management, financial planning, recommendation of independent advisers, and retirement plan advisory services. Investment advice is tailored to individual client needs and objectives. They may invest assets according to model portfolios.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $100K | 1.80% |
| $100K - $500K | 1.65% |
| $500K - $1.0M | 1.25% |
| $1M+ | 0.95% |
Fees are negotiable and arrangements with any particular client may differ from those described above. At our discretion, we may combine the account values of family members living in the same household to determine the applicable advisory fee.
Fee Estimator
Portfolio management fees are negotiable and vary by client. The maximum annual fee schedule is listed in the table above. Financial planning fees range from $250 to $5,000 for broad-based planning, and hourly fees range from $40 to $250 for specific services. Retirement plan advisory services are offered through unaffiliated third parties, and Classic Asset Management shares in the advisory fee paid to the third party.
Areas of Practice
Location
1220 28th Avenue North, Fargo, ND, 58102