Our Fees
Clear, Transparent Fees
We believe clients should understand what they are paying for financial advice and investment management—and how their advisor is compensated.
SkyOak Capital offers different types of advisory relationships, and fees depend on the services provided and the scope of each client’s needs. Depending on the relationship, fees may be based on assets under management, a fixed or recurring fee, an hourly rate, net worth, or a combination of these methods.
Before you become a client, we explain the services we recommend, what they cost and how SkyOak is compensated.
Our goal is simple: no surprises.
Investment Management
Our investment management relationship includes more than managing your portfolio. The advisory fee covers ongoing investment advice and portfolio management, along with basic financial planning, investment research and due diligence, ongoing monitoring, and reporting and performance reviews.
For clients who engage SkyOak to manage their investments, fees are generally based on a percentage of the assets we manage. Our fee schedule is tiered, so the percentage charged decreases as assets increase.
| Assets Under Management | Annual Fee |
| First $1,000,000 | 1.25% |
| Next $1,000,000 up to $2,500,000 | 1.00% |
| Next $2,500,000 up to $10,000,000 | 0.80% |
| Above $10,000,000 | 0.65% |
| Minimum annual fee | $2,400 |
Investment management also includes up to 20 hours of financial planning each year.
Fees are calculated using the applicable tiers rather than applying one percentage to the entire account balance. Accounts within the same household may be aggregated
when calculating the advisory fee.
Financial Planning & Consulting
Financial planning is also available as a standalone service for clients who do not need ongoing investment management or who need planning beyond what is included in their investment management relationship.
| Service | Fee |
| Initial Financial Plan | $1,500–$10,000 depending on complexity |
| Ongoing Annual Planning | 50% of the initial planning fee |
| Hourly Planning & Consulting | $300–$600 per hour |
Planning clients are not required to become investment management clients.
Learn More About Financial Planning →
Private Client & Family Office Services
For clients with more complex financial lives, fees are based on the scope and level of coordination required. Services may include coordination across multiple entities and generations, estate and wealth-transfer planning, philanthropic strategies, specialized reporting, insurance and risk management, and collaboration with attorneys, CPAs and other professional advisors.
Family office relationships are generally designed for households with $5 million or more in investable assets or for clients whose financial complexity requires a higher level of coordination.
| Fee Structure | Fee |
| Hourly | Starting at $600 per hour |
| Fixed Annual Fee | Starting at $27,500 |
| Percentage of Net Worth | 0.25%–0.55% annually |
| Minimum Annual Fee | $27,500 |
Investment management, when provided in addition to family office services, is generally subject to the applicable investment management fee.
Learn More About Family Office Services →
Self-Directed IRA Services & Administration
SkyOak provides specialized support for clients holding real estate, private loans, private companies, private funds and other alternative investments within Self-Directed IRAs.
Depending on the relationship, an investment may be selected by the account holder or recommended by SkyOak as part of the client’s broader investment strategy. SkyOak also assists with account setup, transaction documentation and ongoing coordination with the specialty custodian.
| Assets Serviced | Annual Fee |
| Under $1,000,000 | 0.50% |
| $1,000,000 to $2,000,000 | 0.40% |
| Above $2,000,000 | Negotiated |
| Minimum Annual Fee | $800 |
Learn More About Self-Directed IRA Services →
Employer Retirement Plans
Fees for employer retirement plans vary based on plan size, complexity and the advisory and fiduciary services provided. We will review the scope of services and applicable fees with the plan sponsor before an engagement begins.
Recordkeeping, third-party administration and other plan expenses may be separate from SkyOak Capital’s advisory fee.
Learn More About Employer Retirement Plans →
Our Internally Managed Investment Strategies
Many of SkyOak’s investment strategies are managed directly by our advisors and are included in the investment management fee. We do not charge an additional portfolio management or model fee for SkyOak’s internally managed strategies.
When ETFs or mutual funds are used within a portfolio, the funds have their own internal expenses. SkyOak generally seeks to use cost-efficient investments where appropriate.
In some circumstances, we may use a third-party investment manager when we believe it is appropriate for a client’s portfolio. Any additional manager fees are separate and disclosed to the client.
Additional Investment Costs
Depending on the investments and services used, clients may incur costs charged by custodians, investment products or other third parties. These costs are separate from SkyOak’s advisory fee and may include:
- Internal expenses of ETFs, mutual funds and other pooled investments
- Fees charged by third-party investment managers, when used
- Certain custodian, transaction or account administration charges
- Certain bond transaction costs
- Margin interest, when applicable
SkyOak does not receive these third-party charges.
How SkyOak Capital Is Paid Beyond Advisory Fees
SkyOak Capital is fee-based rather than fee-only. Most of our compensation comes from fees paid directly by clients for investment management, financial planning and other advisory services.
Certain SkyOak advisors are also licensed insurance agents. Insurance products are offered through SkyOak Asset Protection Group, LLC, our affiliated insurance agency, which receives commissions when clients purchase insurance products through the agency. Clients are not required to purchase insurance through our affiliated agency, and applicable compensation is disclosed.
View Our Disclosures →
View Form ADV →
FAQs
Questions About Our Fees
How much does SkyOak charge to manage investments?
Investment management fees begin at 1.25% annually and decrease at higher asset levels under our tiered fee schedule. A minimum annual fee applies.
Is there a minimum account size?
SkyOak does not have a stated minimum account size. Investment management relationships are subject to a minimum annual fee of $2,400.
Is financial planning included with investment management?
Yes. Investment management relationships include up to 20 hours of financial planning annually. Additional or standalone planning may be provided for a fixed or hourly fee.
Are SkyOak’s fees negotiable?
Fees may vary based on the services provided, account composition, related accounts, anticipated additional assets and other circumstances. Any agreed-upon fee is disclosed before the advisory relationship begins.
Will I know what I am paying before I become a client?
Yes. We explain the services being provided and the applicable fees and compensation before you enter into an advisory relationship.
Have Questions About Which Service Is Right for You?
Your initial 30-minute conversation with a SkyOak advisor is complimentary. We can discuss what you are looking for, which services may be appropriate and the fees that would apply.