Promus Capital, LLC
Assets Under Management
$1.6B
Number of Clients
124
Number of Advisors
8
Average Client AUM
$12.9M
AUM per Advisor
$199.8M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Promus Capital provides investment advisory services including portfolio management (custom asset allocation and model portfolios), financial planning, and family office services. Services are offered to individuals, high net worth individuals, trusts, retirement plans, charitable organizations, pension and profit sharing plans, corporations, and partnerships. Minimum account size is generally $5,000,000 but may be waived.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5.0M - $10.0M | 0.75% |
| $10.0M - $20.0M | 0.65% |
| $20.0M - $30.0M | 0.60% |
| $30.0M - $40.0M | 0.55% |
| $40.0M - $50.0M | 0.50% |
| $50.0M - $100.0M | 0.45% |
| $100M+ | 0.30% |
Fee Estimator
For portfolio management, fees are based on the market value of assets and are charged quarterly in advance. The annual fee starts at 1.00% and decreases for larger accounts. For financial planning services not included in portfolio management, fees are fixed or based on a percentage per annum, subject to negotiation. Family office reporting services are billed on a fixed fee basis, while administrative and reporting services are billed at 0.25% per annum. A minimum account size of $5,000,000 in investable assets is generally required, but may be waived.
Areas of Practice
Location
156 N. Jefferson St., Suite 300, Chicago, IL, 60661