Navigant Consulting

Navigant serves high‑net‑worth individuals and trusts, positioning itself as a family‑office style adviser for trust and estate clients while providing discretionary portfolio management most commonly as a directed party named by a corporate trustee. Its services center on investment advisory engagements and consulting, including detailed fee and performance analyses and bundled financial planning provided as part of the management relationship.

The firm’s investment work is customized on a case‑by‑case basis and places explicit emphasis on measuring and reducing total investment‑related expenses — reviewing wrap fees, mutual fund expense ratios, CDSCs, bond mark‑ups and turnover costs — and comparing portfolio returns to industry benchmarks. Reviews and plan updates are performed on a schedule tailored to client needs or whenever client circumstances change; Navigant manages accounts discretionarily in the directed role but does not take custody of client assets.

What is distinctive is the firm’s narrow, consultancy‑oriented focus: a small client base (managing roughly $23 million for a handful of clients) with an emphasis on negotiating pricing and service arrangements with custodians and other providers rather than broad product distribution. Navigant also discloses occasional revenue‑sharing and solicitation arrangements and limits its participation in wrap programs to directed roles, reflecting a service model centered on fee optimization and trustee‑directed engagements.