There is a minimum annual fee of $7,500 for Wealth Management.
This fee covers the first $1 million dollars investment management, comprehensive financial planning updated annually, and preparing and filing simple 1040 tax returns.
Account values greater than $1,000,000 are managed at 0.25% multiplied by the balance over $1 million dollars
First $1,000,000 = $7,500 (minimum fee)
Next $1,000,000 = $2,500 (at 0.25%)
Total $2,000,000 = $10,000
A $2 million account fee is equivalent to paying 0.5%.
A $3 million account fee = $12,500 or 0.4167%.
A $10 million account fee = $30,000 or 0.3%
Why are my fees so low? Most of my clients get the most value when their have $1,000,000 worth of investments to manage. Planning asset withdrawal is the bulk of my work, and I estimate my fee to be around $5,000 for this and tax returns. All investment management fees are estimated to be around 0.25%. My fees are tax deductible, subject to itemized deduction. Get Started.