CarsonAllaria Wealth Management offers personalized investment management and financial planning services to individuals, high-net-worth clients, trusts, estates, and corporations. The registered investment advisor builds tailored portfolios primarily using exchange-traded funds, mutual funds, equities, and cash, operating on a discretionary basis where they make day-to-day trading decisions according to agreed-upon client plans. In addition to portfolio management, CarsonAllaria provides comprehensive financial planning covering retirement, taxes, estate planning, education funding, business planning, and risk management. The firm also offers retirement plan consulting and advisory services to employer-sponsored plans. CarsonAllaria does not impose a minimum account size to open an account and primarily utilizes Charles Schwab & Co. as a qualified custodian for client assets.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.15% |
| $250K - $500K | 1.15% |
| $500K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $4.0M | 0.80% |
| $4.0M - $7.0M | 0.70% |
| $7.0M - $10.0M | 0.60% |
| $10M+ | 0.60% |
Fees are negotiable and can vary based on account size, portfolio complexity, and activity. Accounts under $250,000 pay a flat fee of $2,875. Fees for amounts over $10,000,000 are negotiable.