Simon Wu is a registered investment advisor at Edgewater Management Partners LLC, based in Fort Lee, NJ, with 5 years of industry experience. Simon operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 5 clients with $2.7M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Edgewater Management Partners charges a quarterly performance-based fee of 25% of the client's quarterly net realized and unrealized profits. This fee is subject to an annualized 7% hurdle rate and a high-water mark provision. This means a fee is only charged if the account value exceeds both a 7% annualized return and the highest historic fiscal year-end account value. This fee structure is only available to "qualified clients" who have a net worth of at least $2,100,000 or at least $1,000,000 under management with Edgewater.
Location
Fort Lee, NJ
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
Edgewater Management Partners LLC
State Registrations1 state
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