Yackee Potempa & Smalley Asset Management

Without public disclosure, the fee structure is not known. Most RIA partnerships of this profile operate on a fee-only basis, charging a percentage of assets under management, typically ranging from 0.50% to 1.25% annually depending on account size. A flat retainer or hourly billing model is also possible for smaller practices.

If the firm operates as an asset manager in the United States, it is required to register with either the SEC or the state securities regulator depending on its regulatory assets under management. The specific registration status cannot be confirmed without a public Form ADV or state filing.

Named-partner RIAs are typically owned by the professionals serving the clients rather than by outside shareholders or a parent corporation. This alignment means the people making portfolio decisions also bear the reputational risk associated with their names on the door. Clients generally deal directly with the principals rather than a rotating cast of relationship managers.

Investment decisions are likely made collectively by the named partners — Yackee, Potempa, and Smalley — each likely managing a subset of client relationships and contributing to the firm's investment policy. In partnerships of this size, the investment committee is often the entire professional staff.

Client asset custody is not publicly disclosed. Typical custodians for independent RIAs of this profile include Charles Schwab, Fidelity Institutional, and Pershing. The firm's choice of custodian would determine the range of available investment products and the client's portal experience for account access.