Money Concepts Advisory Service
Assets Under Management
$3.3B
Number of Clients
14,898
Number of Advisors
394
Average Client AUM
$223K
AUM per Advisor
$8.4M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
MCAS provides investment advisory services including portfolio management (discretionary and non-discretionary), financial planning, and consulting. They assess client financial situations and recommend suitable services. Some programs use model portfolios or sub-advisers. Clients can impose restrictions, but this may affect performance.
Fee Structure
Portfolio management fees are asset-based and vary by program, typically around 2% annually for GPS programs, but this can vary. There's usually a minimum quarterly fee of $62.50. Some clients pay a one-time 2.5% financial planning fee, which may be reduced or waived. Financial planning fees are negotiated, with a minimum quarterly fee of $250-$1,000. Consulting fees are hourly, not exceeding $450/hour. Clients also pay brokerage, custodial, and fund expenses.
Areas of Practice
Location
11440 Jog Road, Palm Beach Gardens, FL, 33418