Mcf Advisors, LLC
Assets Under Management
$3.3B
Number of Clients
2,827
Number of Advisors
18
Average Client AUM
$1.2M
AUM per Advisor
$185.0M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
MCF Advisors provides wealth management services to individuals and small businesses, including financial planning, portfolio management, tax advisory, and accounting services. MCF Institutional offers portfolio management and pension consulting to businesses and institutions. They use a tactical asset allocation approach to investing.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $3.0M | 1.00% |
| $3.0M - $10.0M | 0.50% |
| $10M+ | 0.40% |
If the market value of the assets under management is less than $500,000.00 on the initial billing date, an annual fee of 1.25% will apply to all assets under management. Should the market value of the assets under management decrease below $500,000.00 after a lower rate has been previously applied, MCF will honor the lower rate.
Fee Estimator
MCF's fees are based on a combination of fixed and asset-based fees, depending on the services you choose. Financial planning fees range from $200 to $1,000 or more per month. Investment management fees are based on the assets managed, with a rate of 1.25% applying to all assets under management if the market value of the assets under management is less than $500,000.00 on the initial billing date. Tax return preparation has a minimum fee of $625 per engagement. MCF also offers private investment funds with potentially reduced management fees for large commitments. Envestnet managed account programs have additional fees of 2 to 10 basis points per account, with a $50 minimum annual fee per account. Many clients have grandfathered fee schedules that may be higher or lower than the current schedule.
Areas of Practice
Location
333 West Vine Street, Suite 1740, Lexington, KY, 40507