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Bankoh Investment Services Review

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This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

Bankoh Investment Services, Inc. is a Honolulu-based financial advisor specializing in financial planning and wealth management services. What’s unique about Bankoh is that the firm offers both investment advisory and brokerage services.

Bankoh oversees millions in assets under management (AUM). For advisory services, Bankoh earns its compensation from asset-based fees and commissions. 

The firm also has a fee-based fee structure, so advisors can earn investment product commissions in addition to the fees they already receive for advisory services. 

Bankoh holds a spot on our ranking of the top financial advisors in Hawaii

Bankoh Investment Services Background

Bankoh was formed as a corporation in 1991, but the firm became a registered investment advisor (RIA) in 2005. Bankoh is a wholly-owned subsidiary of the Bank of Hawaii Corporation.

The firm’s principal officer, president and chief executive officer (CEO) is Christopher Otto.

Bankoh Investment Services Client Types and Minimum Account Sizes

Bankoh manages non-high-net-worth and high-net-worth individuals, as well as retirement plans, charities and businesses.

The firm has a $100,000 minimum account size requirement.

Services Offered by Bankoh Investment Services

Bankoh offers the following advisory services: 

Bankoh Investment Services Investment Philosophy 

Bankoh says on its brochure that it primarily uses fundamental analysis to develop investment recommendations for its clients. The firm also prefers a long-term approach to investing, but it may occasionally advise clients to buy and sell positions that are more short-term in nature, according to its brochure. 

Bankoh advisors typically invest in individual equity securities, mutual funds, exchange-traded funds (ETFs) and money market funds. 

Bankoh Investment Services Fees

Bankoh provides the following fee schedule for its investment advisory services:

Total AUM Annual Fee
Up to $500,000 1.00%
Next $500,000 (Up to $1,000,000) 0.85%
Next $1,000,000 (Up to $2,000,000) 0.70%
Next $3,000,000 (Up to $5,000,000) 0.60%
Over $5,000,000 0.50%

Accounts smaller than $2 million are charged the same or less than the industry average, which is 0.95%, according to a 2018 study of 1,500 firms by RIA in a Box. Here is the estimated dollar amount you'd pay in advisory fees based on the size of your account:

*Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount.
Estimated Investment Management Fees at Bankoh Investment Services*
Your Assets Bankoh Investment Services Maximum Fee Amount
$500K $5,000
$1MM $9,250
$2MM $16,250
$5MM $34,250
$10MM $59,250

 Learn more about advisors' typical costs here.

What to Watch Out For

Though Bakoh doesn’t have any disclosures, or disciplinary actions, on its brochure, it’s important to remember that some of the firm’s advisors can earn commissions from securities sales. This can create a conflict of interest if advisors neglect a client’s preferences to sell a commissioned product charging higher fees. 

Bankoh has a fiduciary obligation to act in each client’s best interests, but this is important to keep in mind. 

Opening an Account with Bankoh Investment Services

You can set up an account with Bankoh by visiting the firm’s Honolulu office, or you can contact an advisor at (808) 694-8500.

All information is accurate as of the writing of this article.

Investing Tips for Beginners

  • If you’ve made an initial investment but you aren’t sure about its potential returns, our investment calculator can help. You’ll simply need to enter in some details about your initial investment amount, expected time of growth and expected rate of return, and the tool will do the rest.
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How Long $1mm Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research