Kastel Capital Advisors, LLC

Kastel Capital Advisors, LLC is a financial advisory firm established in April 2015 and located in Wellesley, MA. The firm specializes in providing various advisory services, including portfolio assessment, investment policy statement creation, financial planning, wealth management, institutional asset management, and insurance consulting. They primarily focus on long-term investing with selective short-term trading and do not participate in wrap fee programs. For wealth management services, Kastel Capital Advisors charges tiered asset-based fees ranging from 0.60% to 0.90% based on the total assets under management. They also offer fixed fees for specific services. The firm requires a minimum account size of $500,000 for portfolio management, which may be waived at their discretion. Clients have the option to pay fees for one-time projects based on an hourly rate of $325 per hour. Kastel Capital Advisors acts as a fiduciary when providing investment advice for retirement accounts, ensuring they act in the client's best interest. The firm exercises investment discretion for individual, high-net-worth, and institutional clients, making investment decisions without client consultation. They do not accept performance-based fees or compensation for the sale of securities. Clients receive quarterly reports detailing account information, and the firm does not accept voting authority for client securities.