Baron Wealth Management offers comprehensive wealth management and consultation services to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and corporations. Baron Wealth Management operates as a registered investment advisor, focusing on tailored wealth management that combines ongoing financial planning and portfolio management through an annual retainer arrangement rather than charging a percentage of assets under management. The firm utilizes modern portfolio theory and strategic asset allocation, managing portfolios across stocks, mutual funds, exchange-traded funds, and private placement securities. Additionally, Baron Wealth Management can provide access to independent institutional money managers via platforms like Charles Schwab and Fidelity. For clients seeking project-based or limited advice, consultation services are available on an hourly or project fee basis. Baron Wealth Management also occasionally conducts educational workshops and seminars.
Fee Structure
Baron Wealth Management does not charge investment management fees based on a percentage of your portfolio. Instead, investment management is bundled into comprehensive wealth management services, which are billed as an annual retainer ranging from $5,000 to $120,000 per year (with a minimum annual fee of $90,000 for clients whose net worth exceeds $50 million). Invoices for this annual retainer are billed semi-annually in advance. If you use independent money managers through Charles Schwab or Fidelity platforms, those managers charge separate fees that are in addition to what you pay Baron Wealth Management.