Edgar Nava is a registered investment advisor at Grove Wealth Management, LLC, based in Miami, FL, with 6 years of industry experience. Edgar operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning, Tax Planning. Their firm serves 31 clients with $14M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Grove Wealth Management charges a percentage of your portfolio's value annually for investment management.
For Core Portfolios:
- $0 to $150,000: 1.50%
- $150,001 to $500,000: 1.35%
- $500,001 to $1,000,000: 1.20%
- Over $1,000,000: 0.90%
For Alternative Portfolios (Non-Qualified Clients):
- $0 to $500,000: 2.50%
- $500,001 to $1,000,000: 2.30%
- Over $1,000,000: 2.10%
For Alternative Portfolios (Qualified Clients):
- $0 to $250,000: 1.20%
- $250,001 to $500,000: 1.15%
- $500,001 to $1,000,000: 1.00%
- Over $1,000,000: 0.80%
Qualified clients also pay a performance-based "success fee" of up to 30% of annual gross profits. All accounts are subject to a $250 annual maintenance fee. Fees are negotiable.
Location
175 SW 7th Street, Suite #1815, Miami, FL, 33130
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Learn about disclosures →Other Business Activities
Edgar is the President and shareholder of Winestico Consultants LLC, a business consulting firm, dedicating a few hours per week. He is also a Director and shareholder in Grove Partnership Investments, a real estate company, and Bella Rose ALF, an assisted living facility, spending minimal time on each.
Employment History
Current Registrations
Grove Wealth Management, LLC
State Registrations1 state
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