Glassman Wealth Services provides investment management and financial planning consulting services to individuals, high-net-worth individuals, charitable organizations, and retirement plans. The firm manages investment portfolios primarily using open-end mutual funds, exchange-traded funds, independent managers, and private investment funds. Glassman Wealth Services builds personalized portfolios based on each client's goals and risk tolerance, providing ongoing supervision of accounts. In addition to managing investments, the firm offers financial planning covering topics such as tax strategies, estate planning, and insurance analysis. Glassman Wealth Services emphasizes a holistic approach to wealth management, coordinating with outside professionals like attorneys and accountants when necessary while maintaining a focus on long-term client objectives.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.50% |
| $10.0M - $25.0M | 0.25% |
| $25M+ | 0.25% |
Fees are negotiable and subject to factors such as account composition and complexity. The firm generally requires a $2,000,000 minimum asset level and a $20,000 minimum annual fee.
