Management Fees

Turnkey Asset Management Programs (TAMPS) are offered by virtually every bank, insurance, brokerage, or financial planning firm. These accounts can charge fees of 1.3% or More of the total value of the account Every Year and Breakpoints for Reduced Fees don’t typically apply until the account value is at least $250,000. The value of multiple family accounts (IRA’s, Trust, Custodial etc.) are not usually Combined to reach fee breakpoints.

Managing $500,000 does not take 10 times more work than managing $50,000 and investors should not pay an Annual Fee that is 10 Times Higher simply because they have a larger account. PTI’s Lower and Declining Fees can save any investor money every year compared to a typical fixed fee schedule and these savings can add up to thousands over time. Lower fees are the most direct way to improve long-term performance.

Financial industry Management Fees and Fee Breakpoints should be much lower.

Investors should be able to see the fee schedule for any registered investment advisor on the firms ADV part 2 Disclosure Brochure at In the firm tab type in the firm’s name and search. In “More Details” select “Part 2 brochure”. Fees and Commissions are under item 5. Unfortunately, many firms make it hard for investors to see exactly how much they will be paying every year.

PTI’s annual fee for research, tracking, reporting, and management.
3/4 of 1 Percent up to $100,000 – Only $7.50 per $1,000.
3/8 of 1 Percent from $100,000 to $500,000 – Only $3.75 per $1,000.
1/8 of 1 Percent over $500,000 – Only $1.25 per $1,000.
For accounts with only self-directed stock positions there is a flat monthly fee for research, posting transactions, printing, and mailing monthly updates of $25. However, if the account value is less than $40,000 the monthly fee would be .000625% (3/4 of 1% a year). For example, a $25,000 account would pay $15.63 a month not $25.

Points to consider when Comparing Fee Schedules

  • There is No PTI Fee on the value of individual Stock positions Managed By The Investor.
  • There is No PTI Fee on uninvested Cash in the money market.
  • PTI Fee Breakpoints apply to the Combined Value Of All Family Accounts (Joint, Single, IRA’s, Rollovers, Trust, Custodial etc.) and start at just $100,000.
  • For a family with a number of managed accounts that have a combined value of $300,000 the PTI annual fee would be $1500 (.50%). If these accounts were handed off to 3rd party managers and were not combined to take advantage of fee breakpoints the annual fee could be 1.30% or $3,900. $2,400 More Every Year.