Perigon is a fee-only firm and earns a management fee based upon the assets that we manage for a client. Our highest fee tier is 1.2% per annum, with “breakpoints” for lower fees at higher levels of assets under management.
No. We do not custody (hold) any clients assets. Most of our clients hold their accounts with TD Ameritrade, Charles Schwab, and Fidelity, while many hold non-traditional assets such as interests in private companies or limited partnerships with other custodians. We never directly hold client assets.
Yes, and clients can customize the frequency with which they receive their portfolio statements, including being able to view their up-to-date reports directly through the client portal. This is in addition to the monthly account statements that they receive directly from the the custodian where their accounts are held.