We believe wealth management is a process, not a product!
ADVISORY FEE STRUCTURE
Oh yes, we did! We believe in total transparency!
Our full-service financial planning and asset management (some or all services may be included depending on the situation and agreement) is typically compensated via a percentage of assets under management (AUM). We typically have a minimum relationship, which may include multiple accounts, of $800,000 AUM or an annual financial planning fee of $8,000. The fee level is retroactive to $0; for example, a total portfolio of $2.0M would only be charged 0.90% back to dollar one.
*TWC Wealth Management advisors can be compensated through advisory fees as well as brokerage and/or insurance commissions. See official account agreement for full description of all fees – subject to change.
ASSETS UNDER MANAGEMENT | ANNUAL FEE PERCENTAGE |
---|---|
$800k - $999k | 1.00% |
$1M - $1.99M | 0.95% |
$2M - $2.99M | 0.90% |
$3M - $3.99M | 0.75% |
$4M - $5.49M | 0.60% |
$5.5M - $6.99M | 0.45% |
$7M - $9.99M | 0.40% |
$10M - $14.99M | 0.35% |
$15M+ | 0.30% |