Charter Wealth Management offers financial planning services covering cash flow, debt management, retirement, taxes, college, and estate planning. Investment management is provided through third-party institutional investment managers, with ongoing supervision of client portfolios. Charter Wealth Management does not offer wrap fee programs. The firm acts as a fiduciary, prioritizing client interests.
Fee Structure
Charter Wealth Management provides investment management through third-party investment managers. The firm assesses an annualized asset-based fee up to 1.50% for accounts where Charter Wealth Management provides its investment supervisory services. Fees are calculated based on the value of the account and billed quarterly. For third-party investment management programs, fees generally range from 0.25% to 2.00%, depending on the program, manager, account size, and services provided. Charter Wealth Management's fees are separate from the third-party manager fees.