How much does it cost to work with Nicollet?
The fees we charge are a fixed percentage based on the value of the accounts we are managing. All other services we provide are included. By basing our fees on the value of the accounts we manage, we have aligned our interests with yours. The only way we see our revenue increase is by growing the value of the your accounts. Our fee arrangement is similar to the “expense-ratio” charged by mutual funds. You will find that our fees are often lower than the fee charged by actively managed funds. The fee charged for managing your bonds is lower than the fee for managing stocks. Therefore, the total fee you will pay depends on your mix of stocks versus bonds, and the size of your portfolio. When you work with Nicollet, you will continue to hold your accounts with a major brokerage firm or bank (a custody agent). Most major brokerage houses and banks are willing to hold your accounts and work with Nicollet in exchange for any transaction fees (commissions) you pay when we purchase or sell a s
