Colton Groome Financial Advisors manages investment portfolios and provides personalized financial planning and retirement consulting for individuals, families, and business entities. Colton Groome Financial Advisors creates custom financial profiles and investment strategies using a mix of active and passive investments, exchange-traded funds, mutual funds, and individual stocks and bonds. The firm also offers specialized financial planning services covering retirement, cash flow, estate planning, insurance, and tax strategies. Colton Groome Financial Advisors works with clients on a discretionary or non-discretionary basis, meaning they can make trades on your behalf without asking first or consult with you before every transaction. In addition to investment management, Colton Groome Financial Advisors assists employers with retirement plan consulting and provides general financial consulting. Some staff members are also licensed to sell insurance products, which may create an inherent conflict of interest when recommendations involve commissions, though Colton Groome Financial Advisors operates under a legally required standard to act in your best interest.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.99% |
| $1.0M - $2.5M | 0.87% |
| $2.5M - $5.0M | 0.76% |
| $5.0M - $7.5M | 0.56% |
| $7.5M - $10.0M | 0.46% |
| $10M+ | 0.31% |
Fees are individually negotiated. Cash management accounts may be billed at a flat annual fee of 0.50% or lower tiered rates. Third-party manager fees are added separately when applicable.