Venn Wealth & Benefit Services is an independent registered investment advisor founded in 2002 and based in Altoona, Pennsylvania. The firm provides discretionary and non-discretionary portfolio management, retirement plan consulting for employers, and personal financial planning services to individuals, families, trusts, estates, and retirement plans. Venn Wealth & Benefit Services builds globally diversified portfolios using equities, bonds, mutual funds, exchange-traded funds, and other securities. The firm also utilizes third-party investment managers when appropriate for client portfolios. While investment management and financial planning are typically integrated, the firm offers services to help clients achieve and preserve financial security, plan for retirement, and manage investment risks.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.20% |
| $500K - $1.5M | 1.00% |
| $1.5M - $3.5M | 0.85% |
| $3.5M+ | 0.70% |
Fees are negotiable and vary based on objective and subjective factors. Non-discretionary advised accounts range from 0.02% to 0.40%.