McCarthy Wealth & Tax Advisors operates as a registered investment advisor based in Springboro, Ohio, managing investment portfolios on behalf of individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and corporations. McCarthy Wealth & Tax Advisors utilizes third-party asset allocation platforms and model portfolios to manage client investments, with authority to make trades without asking first. The firm primarily focuses on building diversified portfolios using model strategies rather than individual stock picking. In addition to managing investments, McCarthy Wealth & Tax Advisors has associated professionals who are licensed insurance agents and maintains an affiliation with an accounting firm, allowing them to offer additional services. The firm generally requires a minimum of $500,000 in investable assets and enforces a minimum annual fee.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 1.50% |
| $100K - $500K | 1.25% |
| $500K - $1.0M | 1.10% |
| $1.0M - $2.0M | 1.00% |
| $2.0M - $3.0M | 0.90% |
| $3.0M - $5.0M | 0.75% |
| $5M+ | 0.50% |
Subject to a minimum annual fee of $6,000. Legacy clients may be subject to different fee schedules.