Schechter Investment Advisors, LLC
Assets Under Management
$3.9B
Number of Clients
908
Number of Advisors
N/A
Average Client AUM
$4.3M
AUM per Advisor
N/A
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
SIA provides financial planning, consulting, and investment management services, including wealth management. They allocate client assets among independent investment managers, mutual funds, ETFs, and individual securities. SIA also recommends investments in privately placed securities to accredited investors. Services are tailored to individual client needs and risk profiles.
Fee Structure
SIA charges an annual management fee based on assets under management, capped at 1.25%. Fees are generally charged quarterly in advance, but may be charged in arrears. Clients also incur charges from third parties like broker-dealers and custodians. For certain clients on a fixed fee, the fee is negotiated directly with the client based on the size and scope of the relationship. SIA, in its sole discretion, reserves the right to negotiate fees based upon certain criteria.
Areas of Practice
Location
111 E. Merrill Street, Suite 400, Birmingham, MI, 48009