Norris Wealth Management (NWM) specializes in providing advisory services to employer-sponsored retirement plans (profit sharing and 401(k) plans) and offers personal financial planning and investment advice to individuals. NWM acts as an independent advisor and fiduciary to retirement plans, assisting plan sponsors with their responsibilities. For individuals, NWM develops asset allocation strategies and recommends third-party money managers. NWM is a fee-only firm and does not sell commissioned products.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.65% |
| $1.0M - $4.0M | 0.50% |
| $4M+ | 0.45% |
Fees paid to NWM are in addition to fees paid to the Third Party Money Manager. For Third Party Money Managers, SEI and Brinker Capital, the total investment advisory fee is inclusive of the investment advisory fee paid to NWM. NWM may negotiate alternative fees on a client by client basis. A minimum annual fee of $1,250 is required for advisory services to employer sponsored qualified retirement plans.