Jena Posey is a registered investment advisor at Hemming& Wealth Management, INC., based in Traverse City, MI, with 2 years of industry experience. Jena operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Investment Management, Retirement Planning. Their firm serves 446 clients with $290M 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 $250K | 1.50% |
| $250K - $500K | 1.40% |
| $500K - $1.0M | 1.25% |
| $1.0M - $2.0M | 1.00% |
| $2.0M - $4.0M | 0.75% |
| $4.0M - $6.0M | 0.65% |
| $6.0M - $8.0M | 0.50% |
| $8M+ | 0.50% |
Fees negotiable for accounts over $8,000,000. Certain clients may be on a legacy fee schedule that may differ from the one above. For accounts with American Funds as the custodian, the fee schedule is: Up to $500,000: 1.40%, $500,001 to $1,000,000: 1.25%, $1,000,001 to $2,000,000: 1.00%, $2,000,001 to $4,000,000: 0.75%, $4,000,001 to $8,000,000: 0.40%, Over $8,000,000: Negotiable
Fee Estimator
Location
600 E. Front Street, Suite 201, Traverse City, MI, 49686
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Employment History
Current Registrations
Hemming& Wealth Management, INC.
State Registrations1 state
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.