What Will I Pay?
Comprehensive Financial Planning
Comprehensive financial planning services require an upfront fee of $600, followed by an ongoing monthly fee of $200 for a single individual or $250 for couples, paid in advance. Additionally, hourly consultations are available at a rate of $300 per hour. Fees may be negotiable in certain circumstances. This service may be terminated with 30 calendar days’ notice, and fees are paid in advance of services rendered. If the service is terminated, refunds will be issued on a pro-rated basis for any services not yet rendered.
* Financial planning included on investment accounts at MWM valued at $300,000 or more.
What Will I Get?
A Financial Plan with Ongoing Monitoring
* Representation of a fully tailored financial plan overview
Investment Management
Our standard advisory fee is based on the market value of the assets under management and is calculated based on the chart below. The annual fees are negotiable and are pro-rated and paid in arrears on a monthly basis. The advisory fee is a flat fee, calculated by assessing the percentage rates using the predefined level of assets, to the average daily balance of the account as of the last day of the month. No increase in the annual fee shall be effective without agreement from the client by signing a new agreement or amendment to their current advisory agreement. Advisory fees are directly debited from client accounts, or the client may choose to pay by check. Accounts initiated or terminated during a calendar month will be charged a pro-rated fee, based on the amount of time remaining in the billing period. An account may be terminated with written notice at least 30 calendar days in advance, but the advisor will collect the fee for the pro-rated amount of time services were rendered. Upon termination of the account, any unearned fee will be refunded to the client.
Account Value Annual Advisory Fee
- $0 to $300,000 account has a 1.25 percent fee
- $300,001 to $1,000,000 account has a 1.00 percent fee*
- $1,000,001 to $2,000,000 account has a 0.75 percent fee*
- $2,000,001 and above account has a .50 percent fee*
* Financial Planning included in Advisory Fee
Have Questions? Let Us Answer Them!
Contact Us TodaySecuring Your Future With Premier Financial Solutions
The world of finances is riddled with complexities. From student loan repayments and debt management to asset allocation and retirement planning, millennials face much uncertainty when it comes to managing their wealth. Therefore, we at Millennial Wealth Management strive to provide a new approach to financial advice that not only enhances your level of financial literacy but also presents curated solutions that are tailored to help you achieve your life goals. Our team is equipped with the tools and expertise to analyze your current financial situation while also setting you up for future success. Visit our website or call a member of our team today and make the first step to taking control of your finances with confidence.