Palos Wealth Advisors manages investment portfolios on a discretionary basis, meaning the firm makes buying and selling decisions on behalf of clients based on their personal financial situation, risk tolerance, and investment goals. Palos Wealth Advisors structures customized portfolios using a variety of strategies, including mutual funds, exchange-traded funds, individual equities, and fixed-income securities. In addition to investment management, the firm provides guidance on retirement rollovers and related financial considerations. Palos Wealth Advisors operates as an independent firm with a sole owner and principal, who also maintains a separate practice providing legal services in estate planning, taxation, and probate law.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 2.50% |
| $100K - $250K | 2.00% |
| $250K - $500K | 1.75% |
| $500K - $1.0M | 1.50% |
| $1M+ | 1.50% |
Fees for amounts over $1,000,000 are negotiable. An additional sub-advisor charge of 0.35% to 1.00% may apply if third-party managers are utilized.