Park Shore Partners LLC
Assets Under Management
$115.3M
Number of Clients
5
Number of Advisors
9
Average Client AUM
$23.1M
AUM per Advisor
$12.8M
Compensation
Fee-Only (AUM)
About This Firm
Park Shore Partners provides portfolio management and discretionary investment advice through proprietary private investment funds and sub-advisory services to the Park Shore Multi Asset Strategy Fund LLC. The firm follows a long-term strategy seeking capital appreciation primarily through investments in dividend-paying stocks. They do not provide financial planning services to individual investors, but may recommend HBKS Wealth Advisors for such services.
Fee Structure
Park Shore's fees consist of an asset-based management fee and a performance fee. For the Opportunity Funds, the quarterly management fee is 0.25% of assets under management (1.0% per annum). They also charge an incentive fee equal to 10% of the net increase in the net asset value of the investments in the Opportunity Funds. The minimum investment in the Opportunity Funds is $500,000. For the MAS Fund, the quarterly management fee is 0.1875% of assets under management (0.75% per annum), and there is also an incentive fee. The minimum investment in a MAS Fund is $100,000.
Areas of Practice
Location
5121 Zuck Road, Erie, PA, 16506