Products and pricing

Four evidence products. One research engine.

A single Substantiation File is the entry point. Three subscription tiers follow. Custom model licensing sits alongside Enterprise. Every product runs from the same point-in-time data infrastructure, validated factor library, and documented backtesting framework.

Standalone · No subscription required

Substantiation File

$4,500 per file · delivered in 10 business days

For a stated capability or performance claim, Marnello produces the statistical record connecting the claim to measured outcomes: methodology, data sources, computation, results, and stated limitations. Formatted to sit in a compliance file without further work.

  • 8–12 page file plus underlying computation output
  • Fixed fee, no subscription commitment
  • Built for an examination request, a marketing approval, or a committee question with a date attached
  • Up to four per year included in Enterprise
Core
$450/month

Independent advisers, small research shops, corporate finance analysts

Monthly Quantitative Market Review, 12–16 pp (demo issue: 9 pp)

  • Factor performance: 1M / 3M / 12M decile spreads with regime commentary
  • Cross-sectional dispersion
  • Volatility regime with historical analogues
  • Sector and asset-class correlation structure
  • Screening output: top and bottom decile constituents per factor with underlying metric values
  • Methodology appendix for every metric
  • Quarterly library update note · 12-month archive · two-business-day email support
Professional
$1,250/month

RIAs $100M–$1B, family offices, boutique managers

Everything in Core, plus portfolio evidence

  • Portfolio Evidence Report, quarterly per portfolio: factor exposure decomposition, systematic-versus-idiosyncratic variance attribution, concentration and correlation analysis, full methodology appendix. Descriptive only.
  • Manager Attribution Report, annual, up to three managers: factor beta versus residual alpha with statistical significance
  • Monthly factor data feeds (CSV / Parquet) across the full universe
  • Backtest library with validation records and cost sensitivity tables
  • Quarterly 45-minute briefing on library changes
Enterprise
$3,000/month

Mid-size RIAs, multi-family offices, corporate treasury, fintech platforms

Everything in Professional, plus

  • Up to four Substantiation Files per year included
  • Portfolio Evidence Reports monthly, unlimited portfolios
  • Read-only REST API: factor scores, risk decomposition, screening output. Daily refresh, authenticated, rate-limited
  • One custom model build per contract year (~40 analyst hours) with specification and validation record
  • Extended universe: ADRs, additional ETF categories, factor variants
Terms. 12-month contracts, monthly billing in advance, automatic renewal on 30-day notice, rate locked for the initial year, upgrade any time prorated. Annual prepayment: two months' credit. 30-day paid pilot at 50% of tier rate. Introductory pricing for the Q1 2027 launch cohort; the first ten clients receive a founding-customer rate lock. No discounting below tier price.

Start a pilot conversation

Custom model licensing

Purpose-built quantitative models, delivered with their validation record.

When an analytical question exceeds the scope of a standard deliverable, it is scoped into a fixed-fee project. The client receives a non-exclusive perpetual licence to the output for internal use. Marnello retains methodology ownership.

EngagementFeeAnalyst hours
Single-factor construction and validation, specified universe$15,000–$20,00060–80
Multi-factor composite with risk model$28,000–$38,000110–150
Volatility or regime classification model with descriptive statistics$25,000–$35,000100–140
Portfolio risk decomposition framework$30,000–$45,000120–180

Scoping · 1–2 wks

Written specification: question, data requirements, success criteria, acceptance tests. Fixed fee, credited against build.

Construction · 4–8 wks

Development, parameter estimation, initial validation.

Validation · 2–3 wks

Out-of-sample, sensitivity, transaction cost, robustness.

Delivery · 1 wk + 90 days support

Specification, validation record, output data, walkthrough. Clarification and minor recalibration for 90 days.