Riggs Advisors · What We Do
Investment Management Services
Fee-only discretionary advisory — aligned with your interests
Riggs Advisors provides fee-only discretionary investment management services to families and businesses. Our transparent fee structure means you always know exactly what you pay — no commissions, no conflicts of interest.
Discretionary Management
Annual Investment Management Fee Schedule
| Asset Tier | Annual Fee |
|---|---|
| First $5,000,000 | 1.00% |
| Next $5,000,000 | 0.85% |
| Next $5,000,000 | 0.75% |
| Above $15,000,000 | Negotiable |
Riggs' annual investment advisory fee includes investment advisory services and, to the extent specifically requested by the client, limited consultation services on both investment and non-investment related matters. Any such consultation services, to the extent rendered, shall be rendered exclusively on an unsolicited basis.
Sub-Advisory Services — First Trust Direct Indexing
Riggs may engage an unaffiliated sub-advisor to provide sub-advisory and investment management services for client investment assets. Riggs is not affiliated with First Trust Direct Indexing L.P., a registered investment advisor with the U.S. Securities and Exchange Commission.
As part of Riggs' engagement of First Trust Direct Indexing L.P. as a sub-advisor, the client will bear an additional annual fee rate of 0.30% of the account value per year, with a minimum fee of $1,500 per account per year, billed directly to client accounts as part of an increased Riggs bundled fee. This rate may be in addition to Riggs' base fee rate and is set forth in the client's agreement.
Additional Services
Consulting & Family Office
Investment advice through consultations, reviews, or studies not involving ongoing investment management services.
Comprehensive family office services contracted at a fixed charge tailored to the scope of services provided.
Common Questions
Frequently Asked Questions
What does Riggs Advisors charge for investment management?
Riggs charges an annual fee based on assets under management: 1.00% on the first $5,000,000; 0.85% on the next $5,000,000; 0.75% on the following $5,000,000; and a negotiable rate above $15,000,000. All fees are charged on a fee-only basis — Riggs does not earn commissions.
Is Riggs Advisors a fee-only fiduciary advisor?
Yes. Riggs Advisors is a fee-only registered investment advisor (RIA) and fiduciary. This means Riggs is legally and ethically obligated to act in the best interests of its clients at all times, and earns no commissions or third-party compensation.
What is the First Trust Direct Indexing sub-advisory fee?
When Riggs engages First Trust Direct Indexing L.P. as a sub-advisor, an additional fee of 0.30% per year applies, with a minimum of $1,500 per account per year. This fee is billed as part of a bundled Riggs fee and is disclosed in the client's agreement.
Does Riggs offer hourly investment consulting?
Yes. For investment advice through consultations, reviews, or studies not involving ongoing portfolio management, Riggs bills at $300 per hour.
What family office services does Riggs Advisors provide?
Riggs offers comprehensive family office services contracted at a fixed fee tailored to the specific services provided. These services are designed for multi-generational families seeking coordinated investment, financial, and administrative support.