Firm Info
Firm Size
Services Offered
- Portfolio Management for Individuals & Small Businesses
- Selection of Others Advisors
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Charitable Organizations
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Ashdon Investment Management, LLC Overview
Ashdon Investment Management, LLC is a fee-based registered investment advisory firm that has been in business since 2007. Based in Tullahoma, TN, the firm offers investment advice on portfolio management for individuals and small businesses. The firm provides investment advice exclusively, offering no other financial services. The fee arrangement of the firm is fee-based, which means that clients are charged fees based on a percentage of their assets under management. As a registered investment advisory, Ashdon Investment Management, LLC is legally bound to act in the best interest of their clients, providing unbiased and objective investment advice. In addition to portfolio management, Ashdon Investment Management, LLC also offers clients access to a selection of other advisors. This gives clients the opportunity to work with multiple advisors with diverse areas of expertise and access to more diversified investment options. The firm's focus on investment advice only allows clients to have a more tailored and specialized approach to their investment portfolio.
ASHDON INVESTMENT MANAGEMENT, LLC caters to a variety of clients. The firm's list of clientele includes individuals seeking investment guidance, high net worth individuals, charitable organizations, and other corporate entities. The firm's expert investment advisors are equipped with the necessary knowledge and technical skills to handle the diverse needs of their clients. ASHDON INVESTMENT MANAGEMENT, LLC offers a range of fee structures depending on the service provided. Clients can either pay a fixed fee for the services rendered or opt for a percentage of assets under management (AUM) fee rate. The AUM fee rate is calculated by applying a percentage to the total value of assets managed by the firm. This fee may vary depending on the type of investment and its associated risks. Overall, ASHDON INVESTMENT MANAGEMENT, LLC is dedicated to providing personalized investment guidance to its clients while offering fee structures that suit their financial preferences.
Typical Clients, Fee Structures & Investment Minimum
Based on the note in Ashdon Investment Management, LLC's Part 2 Brochure, the firm does not have a specific investment minimum for their advisory services. They may choose to waive any minimum requirement at their discretion.
How This Office Can Help Manchester, TN Residents
Atkins Financial Group is a trusted financial advisory firm serving clients in Spartanburg County, SC. They specialize in offering customized solutions to help individuals and businesses navigate the complex world of personal and corporate finance. Their team of experienced financial advisors can help clients with financial planning, investment management, retirement planning, tax planning, estate planning, insurance, and more. Spartanburg County residents might face unique financial challenges, such as managing student loan debt while saving for a down payment on a home, deciding whether to take a lump sum or monthly pension payments at retirement, or protecting their assets from unexpected risks. Atkins Financial Group is well-equipped to offer guidance and support to help clients identify their goals and develop a comprehensive plan to achieve them. They offer a proactive, collaborative approach to financial planning, working closely with clients to ensure they have the strategies in place to weather difficult economic times and achieve financial security.
Services Offered by Ashdon Investment Management, LLC
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Ashdon Investment Management, LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
Other Office Locations
This firm has no other locations.
State Registrations
Ashdon Investment Management, LLC is registered to service clients in the following states:
- Tennessee
- Texas
Disciplinary History
Ashdon Investment Management, LLC does not have any disclosures. Please visit it's Form ADV for more details.