Wessel Investment Counsel (WIC) offers personalized investment advice and manages investment portfolios for clients. WIC also provides financial planning services covering budgeting, debt management, education funding, estate planning, insurance, retirement, and tax planning. WIC uses third-party research to develop investment strategies and monitors portfolio performance regularly. Clients can choose discretionary or non-discretionary asset management services.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 1.00% |
| $100K - $250K | 0.85% |
| $250K - $500K | 0.75% |
| $500K - $750K | 0.65% |
| $750K - $1000K | 0.50% |
| $1.0M - $2.0M | 0.30% |
| $2M+ | 0.20% |
These rates apply when WIC has discretionary authority. Without discretionary authority, the rates are higher: 1.30% (up to $99,999.99), 1.15% ($100,000.00 - $249,999.99), 1.05% ($250,000.00 - $499,999.99), 0.95% ($500,000.00 - $749,999.99), 0.80% ($750,000.00 - $999,999.99), 0.60% ($1,000,000.00 - $1,999,999.99), and 0.50% ($2,000,000.00 & up). For assets held in an annuity environment, the fee is a flat 0.50%.