WealthMark Advisory Group works with clients to identify their investment goals and risk tolerance to create a suitable portfolio allocation. They offer investment management services, which may include individual stocks or bonds, exchange traded funds, and mutual funds. They also offer financial planning services, including retirement planning, estate planning, education planning, and budgeting. WealthMark Advisory Group may recommend third-party investment advisors to manage a portion or all of your investment portfolio.
Fee Structure
WealthMark Advisory Group charges a percentage of your portfolio each year for investment management. They have multiple fee schedules, so the exact rate depends on the specific agreement. Here are some examples of their fee structures:
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Fee Schedule #1:
- First $500,000: 1.00%
- $500,000 - $1,000,000: 0.90%
- $1,000,000 - $5,000,000: 0.60%
- Over $5,000,000: 0.40%
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Fee Schedule #2:
- First $500,000: 1.00%
- $500,000 - $1,000,000: 0.90%
- $1,000,000 - $3,000,000: 0.80%
- $3,000,000 - $5,000,000: 0.60%
- $5,000,000 - $6,000,000: 0.40%
- Over $6,000,000: 0.25%
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Fee Schedule #3:
- All assets: 0.25%
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Fee Schedule #4:
- All assets: 0.40%
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Fee Schedule #5:
- $1,000,000 - $2,500,000: 0.45%
- $2,500,000 - $5,000,000: 0.35%
- $5,000,000 - $10,000,000: 0.30%
- Over $10,000,000: 0.25%
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Fee Schedule #6:
- First $500,000: 0.60%
- $500,000 - $1,000,000: 0.50%
- $1,000,000 - $3,000,000: 0.45%
- $3,000,000 - $5,000,000: 0.40%
- $5,000,000 - $6,000,000: 0.30%
- Over $6,000,000: 0.25%