American Asset Management INC.
Assets Under Management
$144.9M
Number of Clients
315
Number of Advisors
1
Average Client AUM
$460K
AUM per Advisor
$144.9M
Compensation
Fee-Only (AUM)
About This Firm
American Asset Management, Inc. provides personalized financial advising and investment management. Advice includes financial objectives, problem identification, cash flow management, insurance review, investment management, education, retirement, and estate planning. They are a fee-only firm and do not receive commissions.
Fee Structure
The annual advisory service agreement fee is 1% of assets managed, payable quarterly in arrears. While the annual fee is generally 1.00% of assets under management, they reserve the right to negotiate up or down not to exceed an annual rate of 2.50% of assets under management. Fees are deducted from the client's account. Clients may also incur transaction charges and brokerage fees. They require a minimum account size of $250,000, but this may be waived at their discretion.
Areas of Practice
Location
150 East Palmetto Park Road, Suite 800, Boca Raton, FL, 33432