Paradiem, LLC
Assets Under Management
$466.2M
Number of Clients
135
Number of Advisors
8
Average Client AUM
$3.5M
AUM per Advisor
$58.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Paradiem provides asset management and financial consulting services, including personal/family planning and business planning, to individuals, high net worth individuals, families, and charitable organizations. They serve as a fiduciary, offering customized investment advisory solutions through personal contact and interaction.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $5.0M | 1.25% |
| $5.0M - $10.0M | 1.00% |
| $10.0M - $30.0M | 0.75% |
| $30M+ | 0.50% |
Fees may be negotiable at the sole discretion of the Advisor.
Fee Estimator
Paradiem charges fixed fees for planning and consulting services, ranging from $60,000 to $102,000 annually, or up to $500 per hour. Investment management fees are based on a tiered schedule of assets under management, ranging from 1.50% on the first $1,000,000 to 0.50% on assets over $30,000,000. Fees are negotiable. The firm is also a licensed insurance agency, and advisors may receive commissions for selling insurance products.
Areas of Practice
Location
510 N Jefferson Ave, Covington, LA, 70433-2640