Proteus, LLC
Assets Under Management
$217.6M
Number of Clients
23
Number of Advisors
3
Average Client AUM
$9.5M
AUM per Advisor
$72.5M
Compensation
Fee-Only (AUM)
About This Firm
Proteus, LLC sponsors an alternative investment platform that offers professionally managed investment strategies. They conduct due diligence on, select, and monitor Underlying Managers. Proteus also constructs and manages portfolios of Investment Products into pools. Investors must be accredited and may be required to be qualified purchasers or clients.
Fee Structure
Proteus charges a maximum annual management fee of 0.96% (0.08% monthly) of assets invested in an Investment Product. This fee is tiered, with reductions for assets above certain thresholds: 0.84% for assets above $25M, 0.72% above $50M, 0.60% above $75M, and 0.48% above $100M. The Weather Mark Fund charges 1.50% annually, split between Proteus and a sub-advisor, plus a performance fee. The MG&A Fund charges a maximum annual management fee of 2.00%. Clients may also be charged for third-party transaction costs and other investment-related expenses.
Areas of Practice
Location
8900 Keystone Crossing, Suite 500, Indianapolis, IN, 46240