Approach Retirement Advisors offers wealth management services, combining continuous investment management with financial planning. Approach Retirement Advisors builds customized portfolios tailored to each client's specific risk tolerance and goals, primarily using mutual funds, exchange-traded funds, and individual stocks. Portfolios are managed on a discretionary basis, meaning Approach Retirement Advisors handles buying and selling without needing prior approval for each individual trade, though non-discretionary arrangements are also available. Approach Retirement Advisors works primarily with individuals, trusts, and estates, and generally requires a minimum investment of $2,000,000, though exceptions can be made. Approach Retirement Advisors operates as a registered investment advisor and acts in its clients' best interests.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $3.0M | 0.75% |
| $3.0M - $6.0M | 0.60% |
| $6.0M - $10.0M | 0.50% |
| $10M+ | 0.40% |
Fees are negotiable depending on individual client circumstances. Family member accounts living in the same household may be combined to meet minimums or fee tiers.
