Mattson Money is an asset management platform founded by Mark Matson that manages over $2.7 billion for investors. It offers proprietary mutual funds composed entirely of DFA funds across various asset classes. Advisors have access to four basic mutual fund models and are required to attend education seminars. There is an initial $7,500 fee for advisors to access the program and models. Custodians include Schwab Institutional, Trust Company of America, and US Bank, who charge 6-15 basis points in fees.
Original Description:
A highlight of select programs offered by Mark Matson and some key points to consider.
Mattson Money is an asset management platform founded by Mark Matson that manages over $2.7 billion for investors. It offers proprietary mutual funds composed entirely of DFA funds across various asset classes. Advisors have access to four basic mutual fund models and are required to attend education seminars. There is an initial $7,500 fee for advisors to access the program and models. Custodians include Schwab Institutional, Trust Company of America, and US Bank, who charge 6-15 basis points in fees.
Mattson Money is an asset management platform founded by Mark Matson that manages over $2.7 billion for investors. It offers proprietary mutual funds composed entirely of DFA funds across various asset classes. Advisors have access to four basic mutual fund models and are required to attend education seminars. There is an initial $7,500 fee for advisors to access the program and models. Custodians include Schwab Institutional, Trust Company of America, and US Bank, who charge 6-15 basis points in fees.
Custodians: Schwab Institutional, Trust Company of America, or US Bank
Programs:
Mark Matson is founder and CEO of Matson Money, managing over $2.7 billion (as of Sept. 29, 2010) for investors nationwide. Mark has a unique talent for bringing together complex investing issues and solid, down-to-earth values that make sense to people.
Mattson is more than just an asset management platform. It is a program for advisors to assist in them in growing their business and marketing their services. The marketing and coaching component is key to Mattson.
On the asset management side, Mattson Money offers 3 proprietary mutual funds, which are a fund of other mutual funds. All of the underlying mutual funds are DFA funds. The Mattson funds are as follows: RBB Free Market International - FMNEX composed of 10 DFA funds (internal expense 1.26%) RBB Free Market Fixed Income - FMFIX composed of 5 DFA funds (internal expense .98%) RBB Free Market US Equities - FMUEX composed of 5 DFA funds (internal expense 1.04%) All mutual funds include a management fee of 50bps.
Mattson then uses a combination of these three funds to create four basic mutual fund wrap models: Aggressive, Long-term Growth, Balanced, and Income and Growth. These models are rebalanced quarterly.
Another main component of this program is advisor and client education. Advisors are required to attend four seminars. There is an initial mandatory $7500 fee to gain access Mattsons program and models. This is a cost to the advisor for the coaching program and the four required seminars.
Minimums: $10,000 though exceptions can be made
Fees: Schwab Institutional Trust Company of America US Bank 6-15bps 6-15bps 6-15bps There is no program fee, since Mattson is receiving 50bps on the internal fund expenses
For general platform information, contact Kenny at 513-204-8217.
Key Points: Uses only DFA funds No platform fee to client Offers access to 2 funds closed by DFA (micro-cap fund and small value fund) within their mutual funds
Presented By: 1. Aman Shekar 2. Yogesh Shah 3. Karan Shah 4. Chandrakanth P 5. Ankit Barai 6. Prabhanshu Soni 7. Vaibhav Shah 8. Rachit Khurana 9. Sai Teja 10. Sherly Correa