Torres Financial Services offers wealth management services, which include asset management, financial consulting, and financial planning. Asset management involves ongoing supervision of your accounts. Financial consulting provides advice on various financial matters, including external accounts. Financial planning creates full or modular plans covering topics like cash flow, education, and retirement. Torres Financial Services acts as a fiduciary when providing retirement plan advice.
Fee Structure
Torres Financial Services charges a percentage of your portfolio annually for asset management services. The specific percentage is determined in your agreement with Torres Financial Services and may be negotiable. The average fee ranges from 0.50% to 2.75%. You can choose to have the fees deducted from your investment account or pay Torres Financial Services directly upon receiving a bill.