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Managed Account Service To Open A Managed Account. Please contact Deen Capital at 800-353-4990 or info@deencapital.com. How It Works. First, a client opens a brokerage account at E*Trade Financial. (www.etrade.com). This could be a personal or joint account, an IRA, a trust, or a corporate account. Then, the client authorizes Deen Capital Management, Inc. to place buy and sell orders on his or her behalf. Minimum Investment. The minimum initial investment is $50,000. Commissions. Through a special arrangement with E*Trade, Deen Capital clients pay only $5 per trade. Management Fee. Deen Capital charges a quarterly management fee, payable at the beginning of each quarter. The fee is based on assets under management at the end of the prior quarter, and is calculated as follows:
Please note that our performance numbers since 1994 are net returns after fees and commissions. Clients may pay by check, or they may ask E*Trade to deduct the fee from the account. Statements and Reports. Clients receive at no extra charge:
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