Zendamentals
Assets Under Management
$115.5M
Number of Clients
387
Number of Advisors
2
Average Client AUM
$298K
AUM per Advisor
$57.7M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Eddie Patel, Inc. dba Zendamentals offers discretionary asset management and financial planning services. Investment strategies are tailored to client goals and risk tolerance. The firm does not sell commissioned products, but its President is affiliated with entities that sell insurance products.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.5M | 1.00% |
| $1.5M - $3.0M | 0.90% |
| $3.0M - $5.0M | 0.80% |
| $5M+ | 0.70% |
The annual fee is negotiable. Accounts within the same household may be combined for a reduced fee. For Clients wishing to engage EDP for option writing or covered calls, a maximum of 1% will be added to above fee schedule.
Fee Estimator
We charge fees based on a percentage of assets under management. For financial planning, we charge $250 per month, which is waived once you reach $250,000 in AUM. We may also receive fees from third-party investment advisers we recommend. The annual fee is negotiable, and accounts within the same household may be combined for a reduced fee. For clients wishing to engage EDP for option writing or covered calls, a maximum of 1% will be added to the above fee schedule.
Areas of Practice
Location
2257 W Irving Park Rd, Ste 1, Chicago, IL, 60618