Midwest Advisors, LLC manages accounts on a fully discretionary basis for high net worth individual and institutional investors.
The annual management fee varies depending on the strategy, but generally ranges from 0.5%-1.5% of the assets under management. The fee is prorated and paid quarterly, in arrears, based upon the market value of the assets on the last business day of the previous quarter. In addition, certain strategies available only to "qualified clients" as defined by SEC Rule 205-3 under the Investment Advisers Act of 1940 are subject to performance based fees, which are described fully in our form ADV and the investment management agreement. A minimum asset level of $1,000,000 is generally required for our investment management services.
Our firm is not affiliated with a broker-dealer and we do not maintain custody of our clients separately managed account assets. Third party custodians provide prime brokerage and brokerage related services to Midwest Advisors LLC and its clients.
Client service, communication, and transparency are key areas of focus for our firm. Monthly account statements are provided by our clients' custodians. On a monthly basis we publish investment commentary regarding the strategies' performance and our current outlook. In addition, we publish for our clients' benefit periodic commentaries and analyses as warranted by economic or market conditions. We are always available to answer our clients' questions and make ourselves available for meetings as needed.
Please contact us at (314) 296-6210 or firstname.lastname@example.org for more information about becoming a client.