Why are fees capped at $10,000 annually for Interlake’s Allocation Portfolios?
We believe that a semi-passive, index-based program makes great sense for most investors, from those with modest accounts to those with the largest estates. In most cases, a financial professional can provide indispensable guidance, discipline, and insurance against the emotional decision-making that can quickly tip a portfolio out of balance, expose investors to too much (or too little) risk, and inflict lasting damage on returns. Beyond a certain point, however, the time and technical expertise required to provide this service is not directly proportional to assets under management. To put it simply, a $10 million Allocation Portfolio does not require five times the time, effort, or expertise needed to manage a $2 million account. This is why we cap our Allocation fees at $10,000 per year per household. The most important reason to do business with Interlake is the exceptional quality of the firm’s investment disciplines. We hope our fair, transparent, intelligent fee structure also
