James Mortenson is a registered investment advisor at Johnson Wealth Management, LLC, based in Grand Forks, ND, with 5 years of industry experience. James operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Investment Management, and 2 more. Their firm serves 152 clients with $260M 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 $500K | 0.90% |
| $500K - $1.0M | 0.75% |
| $1.0M - $2.0M | 0.60% |
| $2.0M - $5.0M | 0.45% |
| $5M+ | 0.30% |
Fees are negotiable. Certain qualified retirement plans are charged a different fee based on a percentage of investable assets: 0.50% on the first $1,000,000; 0.40% on the next $1,000,000 (from 1,000,001 to 2,000,000); and 0.30% on the assets above $2,000,000.
Fee Estimator
Location
214 North 4th Street, Ste 123, Grand Forks, ND, 58203
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Learn about disclosures →Employment History
Current Registrations
Johnson Wealth Management, LLC
Previous Registrations
Cwm, LLC
State Registrations1 state
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