Scarborough Capital Management

Scarborough Capital Management is an SEC-registered investment adviser based in Annapolis, Maryland, with roots dating back to 1989. The firm primarily offers portfolio management services, financial planning, and consulting. They act as a sub-adviser to Retirement Management Systems Inc., providing advice to plan participants on employer-sponsored plans like 401(k)s. Scarborough's portfolio management services are provided on a discretionary basis, allowing them to make investment decisions without client approval. The firm charges asset-based fees for these services, with a maximum annual fee of 2.50%. Additionally, Scarborough offers financial planning services for negotiated fees ranging from $0 to $2,500. Clients can also opt for consultation services at hourly rates or flat fees. The firm does not engage in performance-based fees or block trading. Clients receive account statements from the custodian, Charles Schwab, and are encouraged to review them regularly for accuracy. Scarborough does not vote proxies on behalf of clients and does not require prepayment of fees exceeding $1,200 per client. The firm has not been involved in any bankruptcy proceedings in the past decade.