BankPlus Wealth Management (BPWM) offers investment advice through BankPlus Wealth Advisors (BWA) and BankPlus Digital Advisor (BDA). BWA provides personalized investment portfolios and may recommend third-party money managers. BDA offers risk-based model portfolios. Both BWA and BDA work with individuals, families, and corporations. BPWM's investment approach involves understanding client goals and risk tolerance to develop suitable investment strategies.
Fee Structure
BankPlus Wealth Advisors (BWA) and BankPlus Digital Advisor (BDA) charge a percentage of your portfolio each year. The rate decreases as the amount you invest increases. Fees may be negotiable for larger accounts.
Securities Account AUM
- First $1,000,000: 1.00% per year
- Next $1,000,000: 0.80% per year
- Next $3,000,000: 0.70% per year
- Over $5,000,000: Negotiated
Fixed Income Securities Only AUM
- First $1,000,000: 0.60% per year
- Next $1,000,000: 0.50% per year
- Next $3,000,000: 0.40% per year
- Over $5,000,000: Negotiated
Brokered CDs/Treasury/Agency Securities Only AUM
- First $2,000,000: 0.40% per year
- Next $3,000,000: 0.35% per year
- Over $5,000,000: Negotiated
Custody Account Assets
- First $1,000,000: 0.50% per year
- Next $1,000,000: 0.40% per year
- Next $3,000,000: 0.30% per year
- Over $5,000,000: Negotiated
BWA occasionally directs clients to third-party money managers through a managed account program. Fees for these services are in addition to BPWM's advisory fees.