Sandy Cove Advisors, LLC
Assets Under Management
$581.7M
Number of Clients
230
Number of Advisors
4
Average Client AUM
$2.5M
AUM per Advisor
$145.4M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Sandy Cove Advisors provides wealth management services including discretionary/non-discretionary investment management and financial planning. They also offer consulting, consolidated reporting, online document storage, and selection of other advisors. Investment advice is tailored to client needs and objectives. They manage assets for individuals, families, and employee benefit plans.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $3.0M | 1.00% |
| $3.0M - $5.0M | 0.75% |
| $5M+ | 0.50% |
Client relationships under $500,000 are charged 1.25%.
Fee Estimator
Investment management fees are based on a percentage of assets managed: 1.00% on the first $3,000,000, 0.75% on the next $2,000,000, and 0.50% on the remaining balance. Client relationships under $500,000 are charged 1.25%. Financial planning and consulting fees range from $100 to $200,000 on a per annum basis or an hourly fee ranging between $100 and $500. Consolidated reporting fees range between 0.10% and 0.20% of total assets. Family Office and Wealth Planning services range between $20,000 and $250,000 annually. A minimum portfolio size of $1,000,000 and a minimum annual fee of $10,000 is generally imposed for investment management services.
Areas of Practice
Location
37 Derby Street, Suite 5, Hingham, MA, 02043