Management and Fees
Pecaut & Company charges a fee quarterly based on assets under management. In return, we manage the portfolio assets of our clients.
We focus exclusively on providing investment advice. We work closely with other clearing firms that actually hold the accounts and execute trades.
This structure aligns our interests with that of our clients. As the value of the account grows, so do our fees on the account. Contrast this model with commission based systems where there is incentive to promote trade activity, which may or may not reflect the best interests of the account or client.
While we are always available to discuss accounts with clients, we offer regular meetings with our clients in order to ensure the strategy for the account is aligned with the best interests of the client.
Clients also receive quarterly reports tracking performance accompanied by a letter of market commentary. In addition, we produce a periodic newsletter discussing market events and investment philosophy.