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Marco Investment Management 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.

Fee-only financial advisor firm Marco Investment Management (MIM) is an investment management firm headquartered in Atlanta, Georgia. With millions in assets under management (AUM), the firm serves a wide range of individual and institutional clients. 

Marco Investment Management Background 

Founded in 1998 and owned by Steven S. Marco, Marco Investment Management mainly provides portfolio management services and financial planning services. A number of the firm’s staff memebers hold the chartered financial analyst (CFA) designation. 

Marco Investment Management Client Types and Minimum Account Sizes 

MIM generally requires an account minimum of $1,000,000 to establish an advisory relationship. The firm serves individuals and high-net-worth individuals, pension and profit sharing plans, corporations, trusts, estates, charitable organizations and government entities. MIM also charges an annual minimum fee of $5,000.

Services Offered by Marco Investment Management

MIM provides portfolio management, active fixed income services, wrap fee programs, retirement plan advisory services and fiduciary management services. The firm’s fiduciary management services consist of discretionary management services, discretionary investment selection services and investment management. 

Marco Investment Management Investment Philosophy 

MIM says it fosters creative thought and looks to build strong, long-term relationships with its clients. The firm generally invests in common stocks, options and agency, corporate and municipal bonds. When analyzing securities, MIM employs technical and fundamental analysis. In using fundamental analysis, the firm also relies on financial strength ratios, price-to-earnings ratio, dividend yields and growth rate-to-price earnings ratios. 

The firm’s primary investment strategies include long- and short-term purchases, margin transactions and option trading/writing. 

Fees Under Marco Investment Management

MIM’s portfolio management fees are payable quarterly in arrears. We’ve listed the fee schedule for those below:

Amount of assets Management fee
First $2,000,000 1.00%
Next $8,000,000 0.75%
Remainder over $10,000,000 0.50%

The chart below shows estimated fees based on the above schedule:

Estimated Investment Management Fees at Marco Investment Management*
Your Assets Marco Investment Management Maximum Fee Amount
$2MM $20,000
$10MM $80,000
$20MM $130,000
*Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount. 

Learn more about advisors' typical costs here.

What to Watch Out For 

MIM requires a $1,000,000 account minimum for its advisory services and a minimum annual fee of $5,000. If you’re looking for a firm with lower account size requirements, consider using our free financial advisor matching service.

MIM only has one disclosure on its Form ADV. In 2016, the U.S. Securities and Exchange Commission (SEC) accused MIM and Steven Marco of violating the Investment Advisers Act of 1940 and two other rules that pertained to AUM calculation, recordkeeping and the level of adequacy regarding compliance policies and procedures. The firm settled the case with a censure, disgorgement of $124,750.44, prejudgement interest of $7,595.94, a registrant fine of $100,000 and an advisory affiliate fine of $50,000.

Opening an Account With Marco Investment Management 

The easiest way to contact the firm is to call (404) 504-8600 or visit its website contact page.

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

Retirement Planning Tips for Investors 

  • If you want to live comfortably during retirement, it's best to start saving now. Budgeting is one way to cut back on expenses and direct more money to your savings, but you can also collect pre-tax money through employer-sponsored retirement plans such as 401(k)s or IRAs. Consider using our retirement calculator to see how much you'll need to save to retire.
  • SmartAsset's financial advisor matching tool connects you with up to three local advisors for free. The tool requires you to complete a short questionnaire that then pairs you with suitable results based on your financial situation.  

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.

Least
Most
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