Wealth Partners Corp (WPC) is a registered investment advisor that provides investment advisory services to individuals and businesses. WPC recommends third-party money managers like Matson Money and AE Wealth Management to manage client investments. WPC also offers consulting services in areas like business succession planning, estate planning, and retirement planning. Stephen Hoover is the owner and operator of WPC.
Assets Under Management$21M
Clients175
Advisors1
Avg. per Client$120K
Avg. per Advisor$21M
Fee Structure
Investment management only (planning not offered)
Wealth Partners Corp (WPC) uses third-party managers to manage client investments. Here's how the fees work:
- Matson Money: WPC receives a portion of the investment advisory fees paid to Matson Money, based on the value of your investments. For example, the first $250,000 is billed at 1.35%, the next $250,001 to $1,000,000 is billed at 1.00%, and the next $1,000,001 to $3,000,000 is billed at .85%, and the rest is billed at .75%.
- AE Wealth Management: WPC also uses AE Wealth Management as a sub-advisor. The total investment management fee can be up to 2.00% annually. AEWM retains up to 0.75%, and WPC retains the rest. For example, the first $100,000 is billed at 2.00%, the next $100,001 to $250,000 is billed at 1.75%, the next $250,001 to $1,000,000 is billed at 1.50%, and the rest is billed at 1.25%.
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