Investment Advisory Services
Our standard advisory fee is based on the market value of the assets under advisement and is calculated as follows:
|Account Value||Annual Advisory Fee|
|$0 – $2,000,000||1.00%|
|$2,000,001 – $3,000,000||0.80%|
|$3,000,001 – $4,000,000||0.65%|
|$4,000,001 – $5,000,000||0.55%|
Financial Planning Services are included as part of the Investment Advisory Fee.
The minimum annual fee is $6,000. The maximum fee is $40,000. The annual fees are negotiable and are pro-rated and paid in arrears on a quarterly basis.
Project Based Financial Planning Fixed Fee
Financial Planning Consultations will generally be offered on a fixed fee basis. The fixed fee will be agreed upon before the start of any work. The fixed fee can range between $2,000 and $10,000 based on the complexity and needs of the client. The fee is negotiable. If a fixed fee program is chosen, half of the fee is due at the beginning of the process and the remainder is due at the completion of work, however, FWM will not bill an amount above $500.00 more than 6 months in advance. Fees for this service will be paid by electronic funds transfer. In the event of early termination, any prepaid but unearned fees will be refunded to the client.