Savant Capital Management, a fee-only wealth management firm with over $3 billion in assets under management, announced that it is going beyond its traditional brick and mortar offices and will now offer investment advice online.
The platform, eSavant Advisor, which was introduced Monday, caters to clients with at least $50,000 in investable assets, and will charge 1% on assets below $1 million and 0.8% on the next $4 million with fees continuing to decline for larger accounts, according to Brent Brodeski, CEO of Savant Capital Management. There is also an annual minimum of $900, which is less than the $5,000 minimum fee that applies for traditional Savant clients.
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