The success of our relationships is based on a high level of communication. These updates can be through personal portfolio reviews in person or via skype. In addition, our firms timely Strategy Updates are an excellent way to stay informed in regard to recent changes in financial markets.
Our infrastructure is based on state-of-the-art technology. This enables your information to be accessed readily and accurately to quickly respond to changes in the financial markets and/or your circumstances. Our technology systems allow you to receive accurate, detailed reports quarterly and upon request and, if you choose, via secure paperless delivery. As a part of our reporting process we clearly define your investment performance in accordance to the highest industry standards.
Levels of Service
Main Street Research offers you a choice of two distinct fee structures. Each of these fee structures include all professional services, including retirement and estate planning. They do not, however, include transaction costs charged by your custodian – given our history of low portfolio turnover, these costs are typically negligible.
Asset Based Management
At Main Street Research, our services are available on a fee-only basis. Fees are based on the value of assets under management starting at 1.25% annually and declining to .50% depending on the size of the total portfolio. A minimum investment is required – please inquire.
Relative to Assets:
- 1.25% on the first $2,000,000
- 1.00% on the next $3,000,000
- .75% on the next $5,000,000
- .50% amounts over $10,000,000
Performance Based Management
Main Street Research also offers a fee structure based on the asset value and performance of your investment portfolio. Performance based fees are equal to a percentage of the “net” profit of the investment portfolio and are subject to a high “watermark.” Therefore, Main Street Research is only entitled to a performance fee when the portfolio reaches successive, higher market values. In order to select our performance based fee, the Client must be a “Qualified Client” within the meaning of the US Securities and Exchange Commission Investment Advisors Act of 1940, rule 205-3 as amended. This criterion would include either a total net worth of $2,100,000 or assets under management with Main Street Research LLC of $1,000,000 or more. A minimum investment is required – please inquire.
Relative to Assets:
- .75% on the first $2,000,000
- .625% on the next $3,000,000
- .50% on the next $5,000,000
- .25% amounts over $10,000,000
Management Fees Relative to Performance:
5% of net profits subject to high watermark