Kalorama Wealth Strategies provides investment advisory services on a fee-only basis, along with financial planning and consulting services for both investment and non-investment matters. Clients can choose to have KWS manage their investments with or without discretion. KWS may also provide advice on variable life/annuity products and employer-sponsored retirement plans. Financial planning covers areas like estate, tax, and insurance planning. KWS recommends Altruist Financial LLC as the broker-dealer/custodian for client assets.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $1.0M | 1.00% |
| $1.0M - $5.0M | 0.75% |
| $5M+ | 0.50% |
For clients who initially place Discretionary Assets under KWS's management with a market value of $250,000 or less, the annual investment advisory fee shall be 1.50%. For Non-Discretionary Assets: First $1,000,000: 0.75%, Over $1,000,000: 0.50%. KWS generally requires a minimum annual fee of $5,000 for investment advisory services (not to exceed 3% of assets under management).