Zachary Means is a registered investment advisor at Means Wealth Management, based in Bangor, ME, with 16 years of industry experience. Zachary operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 1,324 clients with $1.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 2.00% |
| $100K - $500K | 1.60% |
| $500K - $1.0M | 1.25% |
| $1M+ | 1.00% |
Donor-Advised Funds and 529 Accounts: 0.75%. Means Wealth can charge higher or lower investment advisory fees, charge a flat fee, or charge a fee on a different interval, based upon certain criteria. Minimum annual fee for providing Investment Advisory Services of up to $5,000. Non-discretionary accounts and qualified charitable organizations often pay a lower fee. We provide advisory services to an investment club for a discounted fee.
Fee Estimator
Location
802 Stillwater Ave., Bangor, ME, 04401-3614
Get directionsHistory
Regulatory History (1)
Customer Dispute
May 2017Other Business Activities
Zachary is involved in several outside business activities, including real estate holding companies (W&E Moosehead Holdings, LLC and Means Holdings, LLC), serving as a director for Machias Savings Bank, and participating in an investment club (Penobscot Associates) and as a limited partner of Inyarek Partners, LP. He dedicates minimal time to most of these activities, with the exception of Machias Savings Bank, which takes a few hours per week.
Employment History
Current Registrations
Means Wealth Management
Previous Registrations
Means Wealth ManagementBroker
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.