Wealth Management Consultants (WMC) provides financial planning and investment management services. Financial planning covers areas like income tax, asset management, estate planning, risk management, education, and retirement. Investment management is offered through various platforms, including Advisor Managed Portfolios, Model Portfolios, and SMA/UMA programs. WMC also offers third-party advisory services, assisting clients in selecting and monitoring third-party advisors.
Fee Structure
Wealth Management Consultants offers investment management through several platforms, each with its own fee structure. These fees are for advisory services and transactions. The fees are calculated quarterly, in advance, based on the market value of your investments. The fees are negotiable. If you end your account, you'll get a refund for the unused portion of the quarter. These platforms include:
- Advisor Managed Portfolios: Fees vary from 0.400% to 2.00% depending on the amount invested.
- Model Portfolios Program: Fees vary from 0.400% to 2.00% depending on the amount invested.
- SMA and UMA Program: Fees vary from 0.400% to 2.00% depending on the amount invested.
Premier Advisory Services (Legacy Platform Now Under Wealth Management Platform) is billed with separate advisory fees and transaction charges. The annual fee is 2.0% on the first $250,000, 1.8% on the next $250,000 to $500,000, 1.5% on the next $500,000 to $1,000,000, and 1.2% on amounts over $1,000,000.