Beacon Financial Advisers provides wealth management and asset management programs, generally available to clients with $500,000 or more. They begin with a financial plan driven by your goals and needs. They also offer a household wealth assessment to determine areas outside of investments that may pose a threat to your financial goals. For clients who opt out of the wealth or asset management programs, Beacon offers a-la-carte services such as investment review, financial plan preparation, insurance planning, education savings planning, social security and medicare planning, and estate planning guidance.
Fee Structure
Beacon Financial Advisers offers two investment management programs:
Beacon Wealth Management Program:
- Fees are based on a percentage of your household balance:
- 1.00% of household balance under $1,000,000
- 0.75% of household balance between $1,000,000 and $5,000,000
- 0.50% of household balance over $5,000,000
Beacon Asset Management Program:
- Fees are based on a percentage of your household balance:
- 1.00% of household balance under $100,000
- 0.75% of household balance between $100,000 and $500,000
- 0.70% of household balance between $500,000 and $1,000,000
- 0.65% of household balance between $1,000,000 and $2,000,000
- 0.60% of household balance between $2,000,000 and $3,000,000
- 0.55% of household balance between $3,000,000 and $5,000,000
- 0.50% of household balance over $5,000,000
Held Away Assets:
- 0.50% of total held away assets under Beacon’s management
