Our Compensation and our Benchmark
What is the value of peace of mind about your family’s wealth and financial management? Or the assurance of competent management of your legacy beyond your lifetime or your desire to manage your own financial affairs?
Because the AFS Family Office represents a holistic package of financial services, a portion of our fee may be stated as a percentage of assets under management. Our total compensation also includes a pre-arranged annual retainer fee to capture all the other services that we provide to you over the course of the year.
The portion of our compensation relating to management of Equity and mixed portfolios is detailed below:
| |
Value of Equity Account |
Fee Percentage |
| First |
0 - $3,000,000 |
1.5% |
| Next |
$3,000,001 - $5,000,000 |
1% |
| |
Over $5,000,000 |
0.75% |
Our Benchmark for Success:
Since AFS Family Office portfolios are constructed to meet client-driven targets, our performance is not benchmarked to an arbitrary market index. Rather, AFS’ success is measured by our clients’ success in achieving their goals.
AFS Trustee Services:
AFS offers Trustee services on select family engagements. Trustee fees for typical engagements are 1% of the gross value of trust assets, plus out of pocket expenses – with a minimum annual fee of $20,000.
AFS Estate Administration Services:
AFS offers full service estate administration and reporting on select estate engagements. Estate administration fees for typical engagements are 1.5% of the gross value of the estate, plus out of pocket expenses – with a minimum fee of $35,000.
Borrowing the words from Warren Buffett describing investments in the marketplace, “Price is what you pay. Value is what you get.” |
