Shepherd Kaplan Krochuk, LLC
Assets Under Management
$9.7B
Number of Clients
197
Number of Advisors
2
Average Client AUM
$49.4M
AUM per Advisor
$4.9B
Compensation
Fee-Only (AUM)
About This Firm
SKK provides asset management services to institutional clients like private funds and pension plans, and wealth management services to high-net-worth individuals. They offer investment advice related to Qualified Small Businesses. PCM is operated as a separate advisory business. SKK typically provides investment advisory services to its wealth management clients on a non -discretionary basis.
Fee Structure
Fees for wealth management accounts sub-advised by SK are based on assets under management or are flat fees, generally ranging from 0.40% to 1.00% (40 to 100 bps). For Qualified Small Business investments, fees of approximately 1.75% are charged. Institutional client fees range from 0.05% to 0.50% (5 to 50 bps). Endowment and foundation client fees range from 0.20% to 1.00% (20 to 100 bps). Clients may also pay initial consulting fees, travel expenses, family office service fees, and special project fees. Clients with investments in private funds will be subject to management fees and other expenses of the private fund. SKK may receive compensation for providing other services related to the fund, such as due diligence fees, real estate development services, early-stage business consulting, and other services.
Areas of Practice
Location
53 State Street, 23rd Floor, Boston, MA, 02109-2820