Cig Asset Management, INC.
Assets Under Management
$137.1M
Number of Clients
196
Number of Advisors
5
Average Client AUM
$699K
AUM per Advisor
$27.4M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
CIG Asset Management offers comprehensive financial planning and asset management services. They manage assets through a Fee Based Program, utilizing various securities based on client's risk tolerance and objectives. They also manage private investment funds. Investment strategies include strategic and dynamic asset allocation models.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $250K | 2.50% |
| $250K - $500K | 2.00% |
| $500K - $750K | 1.80% |
| $750K - $1.0M | 1.50% |
| $1.0M - $1.5M | 1.00% |
| $1.5M+ | 0.80% |
The Advisory Fee is negotiable.
Fee Estimator
For financial planning, fees range from $2,500 to $10,000, based on estimated hours at a rate up to $500/hr. The Fee Based Program uses a tiered fee schedule based on assets under management (see table). Transaction charges and brokerage account fees may also apply. The advisory fee is negotiable and paid quarterly, in advance. A minimum of $100,000 is generally required to open an account in the Program.
Areas of Practice
Location
One Towne Square, Suite 1850, Southfield, MI, 48076