Am I qualified to be a Private Ocean client?
Our clients typically have investable assets of $2 million or more. We also work with clients who do not yet meet this threshold but are on a path that will get them there in the future.
What does it cost to work with Private Ocean?
We believe that financial planning is an essential part of wealth management. In our opinion it is difficult at best to invest assets without knowing a person’s financial goals.
Investment management fees are calculated as an annual percentage of the assets we manage on your behalf. Fees, paid quarterly, are set at an annualized rate:
- Up to $2 million - 1.00%
- Between $2 million and $5 million - 0.85%
- Between $5 million to $10 million - 0.55%
- Above $10 million - 0.25%