McCarthy Wealth & Tax Advisors offers asset allocation services using third-party investment managers through Fidelity Managed Account Xchange (FMAX). They monitor the performance of these managers and can replace them without client approval. They also provide advice on IRA rollovers, acting as fiduciaries and recommending rollovers only when in the client's best interest. The firm manages investments on a discretionary basis.
Assets Under Management$200M
Clients272
Advisors3
Avg. per Client$740K
Avg. per Advisor$67M
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Fee Structure
Minimum Investment:$500K
Investment management only (planning not offered)
Minimum Annual Fee:$6,000
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% |
Legacy clients may be subject to a different fee schedule. Advisory fees charged by the investment managers on the FMAX platform are separate and apart from McCarthy Wealth & Tax Advisors' advisory fees.
Fee Estimator
Your Portfolio Value
$500K
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Estimated Annual Fee
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