Mission: To increase access to expert financial advice and world-class investment opportunities by assisting firms to perfect delivery of…and individuals to access…best in class wealth management services.
Business Focus: Drawing on more than 40 years of worldwide leadership in the financial planning, investment, and wealth management profession and an unparalleled career of success in this business, Tim Kochis, with other experts he may bring to bear, provides advice, consultation, training, and connections for firms eager to achieve competitive advantage and for individuals seeking best available solutions.
Kochis Global has unmatched experience in building wealth management firms' success in:
- Strategic Planning
- Mergers and Acquisitions
- Marketing and Sales
- Fee arrangements
- Compensation systems
- Ownership structures
- Equity disposition and succession
- Management development and succession
- Investment platform development and execution
Kochis Global has assisted thousands of wealthy individuals in the accumulation, growth, enjoyment, and disposition of wealth:
- Tax optimization
- Portfolio design and implementation
- Wealth transfers
Services and Markets:
- Advice and consultation for wealth management firms in both developed and developing markets
- Connections for wealthy individuals to leading firms and attractive investment opportunities in the US
- Connections for US firms to opportunities in developing markets
- Planning and delivery of executive-level training programs
Fees and Expenses: Kochis Global charges professional fees on a daily engagement basis, at a rate of USD 7,500 – 12,500 per day, depending on the staffing of the engagement. Travel expenses are business class airfare, at cost, plus USD 750, per diem, per person for meals, lodging, and local transportation. Minimums: USD 22,500 (3 days) of professional services for overseas engagements; $7,500 (1 day) for domestic.
Fees for Facilitating Wealth Management Relationships
Kochis Global does not provide any direct wealth management or investment advisory services to individuals. It will, however, facilitate establishing effective, long term wealth management and investment advisory relationships for wealthy individuals with ethical, resourceful, and durable firms. Kochis Global charges the individual, not the management/advisory firm, fees for this facilitation. The initial fee is paid in three installments,
- 50% at the outset of the facilitation engagement,
- 25% when the wealth management/investment advisory relationship for the individual commences, and
- the final 25% on the first anniversary of that wealth management/investment advisory engagement.
The total initial fee is calculated as the greater of 40 basis points (.4%) of an individual's investment portfolio, or USD 20,000. As described above, this fee is payable as 20 basis points (or USD 10,000, if greater) at the commencement of the facilitation service, 10 basis points (or USD 5,000 if greater) at the engagement of a wealth management/advisory relationship, and a final 10 basis points (or USD 5,000, if greater) at the first anniversary of that engagement. Thereafter, the individual pays an ongoing fee to monitor the relationship, at an annual rate of 7.5 basis points (or USD 3750, if greater).
Kochis Global receives no compensation from the management/advisory firm for this ongoing relationship facilitation. This insures that Kochis Global only serves the interests of the individual looking to find an appropriate long term relationship for investment advice and management of his or her wealth. Tim Kochis is an equity principal, but not an employee or agent, of the leading wealth management firm, Aspiriant, www.aspiriant.com, which has several offices in the US. Often, Aspiriant may be the best choice for advisory and management services for individuals of substantial wealth. Consequently, if Kochis Global's facilitation service results in a relationship for an individual with Aspiriant, Tim Kochis would have a small, indirect interest in the value of that relationship as it may impact incremental Aspiriant dividends he receives or the incremental value of his Aspiriant equity. To alleviate the risk of a conflict of interest in such case, Kochis Global will waive the ongoing monitoring fee following the first anniversary of a relationship for the individual with Aspiriant. This will better insure that all parties in such case, the individual client, Aspiriant, and Kochis Global have a common interest in the wealth management/advisory relationship being successful over the long term.