Wolverine Wealth Advisory Services offers wealth management services tailored to individual needs. They help clients identify financial objectives and develop an investment policy statement. Wolverine Wealth manages accounts on a discretionary basis, but clients can place restrictions. They also provide financial planning services and non-discretionary investment advice for outside retirement accounts. For qualified retirement plans, Wolverine Wealth acts as a fiduciary and investment manager.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.00% |
| $500K - $750K | 0.90% |
| $750K - $1.0M | 0.80% |
| $1.0M - $1.5M | 0.70% |
| $1.5M - $2.0M | 0.65% |
| $2.0M - $3.0M | 0.60% |
| $3.0M - $4.0M | 0.57% |
| $4.0M - $5.0M | 0.53% |
| $5M+ | 0.50% |
Fees may be negotiable in certain circumstances. Separate fee schedule for fixed income bond portfolios: Up to $500,000: 0.35%; $500,001 to $750,000: 0.30%; $750,001 to $1,000,000: 0.27%; $1,000,001 to $1,500,000: 0.25%; $1,500,001 to $2,000,000: 0.23%; $2,000,001 to $3,000,000: 0.20%; $3,000,001 to $4,000,000: 0.19%; $4,000,001 to $5,000,000: 0.18%; over $5,000,000: 0.17%.