JSPM Fee Schedule

Jersey Shore Portfolio Management.
Your investment advisor and money manager.

Jersey Shore Portfolio Management is a fee-only fiduciary investment advisor and money manager. We charge a small percentage of assets under management (AUM) as an annual fee. We also offer fee arrangements based on performance (incentive fee) for qualifying investors and we do not typically charge clients a separate fee for financial planning services. As for additional transaction costs, U.S. stock trades with Interactive Brokers are frequently about as low as $1 per trade – they’ve been consistently rated as a top Low-Cost Broker by Barron’s for over 13 years.

The schedule below is a guideline for fee-based, passive, and/or actively managed accounts with a growth objective. The annual asset-based fee is broken down into a daily rate and charged automatically against the net asset value of the account each trading day. The benefit of this to our investors is that their fees are determined against the mark-to-market value of the account each day. This avoids a noticeable lump-sum charge at the end of the year, quarter, month etc., as you may experience with other firms, and presents a more exact and true charge as your portfolio fluctuates in value over time.

Example:

If your account is $500,000 and actively managed with an aggressive growth objective, your annual fee would be 2% per year. That annual 2% is divided by the number of trading days in a year, roughly 252 in the denominator, and the resulting fraction is charged against the closing value of the account each day. So instead of seeing a ~$10,000 advisory fee assessed in late December each year against the average or year-end account value, you will be assessed $39.68 each trading day. This helps to smooth out the effect of the advisory fee on your portfolio performance.

Like the folks at one large, heavily advertised investment firm famously says, “We make more money when you make more money.” As your portfolio grows, our income grows as well, incentivizing us to maximize gains and minimize drawdowns in accordance with a pre-determined strategy based on your time horizon, risk tolerance, and investment objectives. In other words, our interests are well-aligned, as they should always be!

Incentive fees for Accredited Investors and Qualified Eligible Persons choosing a performance-based fee structure are assessed quarterly on accrued Net New Profit (i.e., there is a perpetual High-Water Mark for any incentive fee we can earn.) Performance fees are denoted as 2/20, meaning, for example, the account is charged a standard 2% annual asset-based fee assessed daily as described above and 20% of any new profits we have earned that quarter. This charge is typically applied in the first week of the ensuing quarter. For more information on incentive-based fee arrangements, or to determine eligibility, please contact us directly.

This schedule is a guideline. Actual fees are determined together with the client on a per-account basis.

Account Value	Tier 1 (Passive)	Tier 2 (Active)	Tier 3 (Performance-Based)	Financial Planning
$10,000 – $99,999	1.5%	2.25%	N/A	No Charge
$100,000-$999,999	1.25%	2.00%	2%/20%	No Charge
$1,000,000-$4,999,999	0.75%	1.50%	1.5%/15%	No Charge
$5,000,000+	0.50%	1.25%	1.25%/12.5%	No Charge

Have questions? Call us at 732-206-6015 or send us a message below.

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Call Us

DIRECT: 732-206-6015

TOLL-FREE: 866-727-1532

E-mail: ryan@jspmllc.com

Jersey Shore Portfolio Management