Alexander Capital Wealth Management (ACWM) offers portfolio management services through wrap-fee programs. These programs provide asset management and brokerage services for one all-inclusive fee. ACWM provides both discretionary and non-discretionary portfolio management services. ACWM is affiliated with a broker-dealer and an insurance agency, which presents potential conflicts of interest.
Fee Structure
ACWM offers investment management through wrap fee programs. The annual management fee is negotiated with each client and ranges from 0.25% to 2.00% of the value of your portfolio. The fee includes money management, certain transaction costs, and custodial and administrative costs. There is no minimum fee for investing on the Envestnet | Placemark platform. The advisory fee is negotiable, depending on individual client circumstances. In some cases, ACWM may charge a fixed fee for portfolio management, which will be negotiable.