Fund Direct Advisors INC.
Assets Under Management
$605.0M
Number of Clients
160
Number of Advisors
4
Average Client AUM
$3.8M
AUM per Advisor
$151.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
FDA offers advisory and consulting services for retirement plans, focusing on mutual fund investment selection and ongoing monitoring. For individuals and high-net-worth clients, investments are made in mutual funds, ETFs, and individual stocks/bonds upon request. They utilize FI360 software for screening and monitoring investments, emphasizing diversification and risk management.
Fee Structure
Fees vary based on the type of assets managed. For retirement plan assets, fees range from 0.40% to less than 0.10% depending on the account value. For individual wealth management assets, fees range from 1.50% to 0.70% depending on the account value. All fees are subject to negotiation. Fees are payable quarterly in arrears for plan assets and in advance for individual assets. The firm does not have minimum account balance requirements.
Areas of Practice
Location
201 State Street, Greensboro, NC, 27408