Berkshire Money Management, INC.
Assets Under Management
$1.1B
Number of Clients
858
Number of Advisors
10
Average Client AUM
$1.3M
AUM per Advisor
$107.5M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
BMM provides portfolio management based on individual client needs and financial planning services covering personal, education, tax, death & disability, retirement, and investment areas. They also offer consulting and college planning services. Minimum portfolio size is $250,000 or a $4,375 annual fee.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $250K | 1.75% |
| $250K - $500K | 1.50% |
| $500K - $750K | 1.12% |
| $750K - $1.0M | 1.00% |
| $1.0M - $2.5M | 0.80% |
| $2.5M+ | 0.60% |
Each fee bracket is applied to the respective asset amount of total client assets under management. Fees and account minimums are negotiable.
Fee Estimator
Portfolio management fees are based on a tiered percentage of assets under management, with a minimum annual fee of $4,375 or $1,093.75 quarterly. Financial planning services have a minimum fee of $7,500 plus $450 per hour for time exceeding ten hours. College planning is a fixed fee of $599. Fees and account minimums are negotiable based on various criteria. Certain clients may receive discounted rates.
Areas of Practice
Location
161 Main Street, Dalton, MA, 01226