Fees & Administration
Saybrook charges an annual fee in the form of a percentage of clients’ assets under management. The fee includes all counsel and management services and is billed quarterly.
Saybrook is a Registered Investment Adviser overseen by the Securities and Exchange Commission. Saybrook provides full transparency and reports to the SEC quarterly.
Saybrook does not custody assets and is not a broker-dealer. Saybrook has custodial, brokerage and trading relationships with Pershing (Bank of New York Mellon) and Fidelity; if clients want they can retain a preferred custodian/broker.
Saybrook’s staff utilizes the Advent portfolio software system to internally reconcile all accounts daily and provide comprehensive and customizable reports on a regular basis.
| Assets Under Management | Annual Fee |
|---|---|
| Under $1 million | 1.50% of assets |
| From $1 to $5 million | 1.25% of assets |
| From $5 to $10 million | 1.00% of assets |
| From $10 to $25 million | 0.75% of assets |
| Amounts over $25 million | 0.50% of assets |