Shearwater Capital

Shearwater Capital was founded in 1999 by two physicians, Dr. Jeff Brown and Dr. Eric Malden, who were MBA classmates and faculty members at the Washington University School of Medicine. Our vision is to provide physicians with an evidence-based approach to wealth management with an emphasis on tax-efficiency and low costs. We have over 20 years of experience in helping physicians save for retirement and manage their financial assets. This provides us with a unique ability to help our physician clients develop sound financial plans, invest wisely, and attain financial security.

 

At Shearwater Capital, your financial success is our only priority. The assets we manage represent the sacrifice and dreams that you have entrusted to us. Our stewardship of these assets is a responsibility we take very seriously. We are committed to putting your interests first in everything we do.

 

Fee structure:

Shearwater Capital is a fee-only investment advisory firm, which means that our compensation is based solely on assets under management. This approach directly aligns our interests with your interests. We have a financial incentive for your account to grow as large as possible and to minimize your transaction costs, tax liabilities, and anything else that might hinder the growth of your account over time.

Account Size / Annual Cost

Less than $100,000: 0.85%

$100,000 – $250,000: 0.75%

$250,000 – $500,000: 0.65%

$500,000 – $1,000,000: 0.55%

$1,000,000 – $2,500,000: 0.45%

$2,500,000 – $5,000,000: 0.35%

$5,000,000 – $10,000,000: 0.25%

More than $10,000,000: 0.15%

​The annual costs quoted above apply to the total value of all accounts that a client has with Shearwater Capital. In other words, if you have a taxable account, an IRA, and a Roth IRA with a combined value of $1.1 million, the annual cost would be 0.45% based on the total value of the accounts. This is more favorable for you than a tiered or blended fee structure in which the 0.85% cost is applied to the first $100,000, 0.75% to the next $150,000, etc.