Richard Gage is a registered investment advisor at Sem Wealth Management, based in Tucson, AZ, with 30 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 2,020 clients with $920M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
SEM Wealth Management charges annual fees based on a percentage of the assets they manage. The fees vary depending on the investment program selected (Tactical, Dynamic, or Strategic) and the amount invested.
Tactical Programs:
- Up to $250,000: 2.24% (1.12% SEM + 1.12% FA)
- $250,001 to $500,000: 2.10% (1.05% SEM + 1.05% FA)
- $500,001 to $1,000,000: 1.94% (0.97% SEM + 0.97% FA)
- $1,000,001 to $1,500,000: 1.80% (0.90% SEM + 0.90% FA)
- $1,500,001 to $2,000,000: 1.64% (0.82% SEM + 0.82% FA)
- $2,000,001 to $4,000,000: 1.50% (0.75% SEM + 0.75% FA)
- Over $4,000,001: 1.34% (0.67% SEM + 0.67% FA)
Dynamic Programs:
- Up to $250,000: 1.50% (0.75% SEM + 0.75% FA)
- $250,001 to $500,000: 1.40% (0.70% SEM + 0.70% FA)
- $500,001 to $1,000,000: 1.30% (0.65% SEM + 0.65% FA)
- $1,000,001 to $1,500,000: 1.20% (0.60% SEM + 0.60% FA)
- $1,500,001 to $2,000,000: 1.10% (0.55% SEM + 0.55% FA)
- $2,000,001 to $4,000,000: 1.00% (0.50% SEM + 0.50% FA)
- Over $4,000,001: 0.90% (0.45% SEM + 0.45% FA)
Strategic Programs:
- Flat fee of 1.62% (0.50% SEM + up to 1.12% FA)
Platinum Program:
- Maximum total fee is 2.24% (0.25% SEM + SEM program fee + up to 1.12% FA)
The maximum annual fee for all accounts is 2.25%. Fees are based on the account value at the end of each calendar quarter.
Location
7367 E. Tanque Verde Rd, Tucson, AZ, 85715
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Richard is the President of Strategic Equity Management, Inc., a registered investment advisor, since 1992. He spends nearly full-time on mutual fund asset allocation.
Employment History
Current Registrations
Sem Wealth Management
State Registrations2 states
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