Sheets Smith Investment Management, LLC
Assets Under Management
$129.7M
Number of Clients
126
Number of Advisors
3
Average Client AUM
$1.0M
AUM per Advisor
$43.2M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Sheets Smith Investment Management, an affiliate of Sheets Smith Wealth Management, specializes in multi-strategy equity and dynamic asset allocation balanced portfolio management for both institutional and retail clients. The firm manages accounts that participate in wrap programs and those that are commission-based. They offer a suite of Balanced Portfolio strategies to accommodate various risk tolerances and time horizons.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.50% |
Fee Estimator
The standard advisory fee is 1.00% annually on the first $5 million, 0.75% on the next $5 million, and 0.50% on amounts over $10 million. Fees are payable quarterly in arrears and are based on the account value at quarter-end. For clients in wrap programs, management fees vary from 0.25% to 0.75% of assets managed, payable in advance or arrears depending on the custodian and service rendered. Commission-based clients may incur custodial and/or broker fees for trades.
Areas of Practice
Location
5600 NW Central Drive, Suite 221, Houston, TX, 77092