Acumen Financial Advisors offers financial planning and investment management services. They use the VISION2020 Wealth Management Platform for investment management, offering advisor-managed portfolios. Financial planning covers areas like business planning, education, retirement, insurance, estate, tax, and investments. Clients work with investment advisory representatives to define their goals and create a financial plan. Acumen prefers non-discretionary authority, meaning clients approve each transaction.
Fee Structure
Acumen Financial Advisors uses the VISION2020 Wealth Management Platform for investment management. Clients pay a quarterly fee in advance, based on the value of their investments. This fee covers advisory services and transaction costs. The fee is negotiable and can be adjusted on a case-by-case basis.
The annual fee schedule is:
- $50,000 to $249,999: 2.50%
- $250,000 to $499,999: 2.25%
- $500,000 to $749,000: 2.00%
- $750,000 to $1,249,999: 1.75%
- $1,250,000 to $1,999,999: 1.50%
- $2,000,000 to $4,999,999: 1.25%
- $5,000,000 to $24,999,999: 1.25%
- Over $25,000,000: 1.00%