Wells Financial Management, based in Asheville, North Carolina, offers personalized investment management and financial planning services. Wells Financial Management constructs diversified portfolios using mutual funds, exchange-traded funds, and individual stocks and bonds tailored to each client's specific financial goals, risk tolerance, and tax situation. The firm operates with full authority to make trades without asking first, while allowing clients to place specific written restrictions on their portfolios. In addition to investment management, Wells Financial Management provides comprehensive financial planning covering areas such as cash flow, retirement, tax strategies, estate planning, and insurance needs. The firm primarily serves individuals, high-net-worth individuals, corporations, trusts, and estates, with a general minimum account size of $500,000.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $1.0M | 1.00% |
| $1.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.50% |
| $10M+ | 0.50% |
Fees for amounts over $10,000,000 are negotiable. Accounts within the same household may be combined to determine the fee rate.