Peak Wealth Management offers financial planning and portfolio management services. Financial planning covers areas like cash management, risk management, estate planning, tax issues, retirement, and education funding. For portfolio management, Peak Wealth Management uses a wrap fee program and may recommend institutional strategists through Envestnet. They also manage participant accounts held away at other institutions. Services are tailored to each client.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.25% |
| $1.0M - $3.0M | 1.00% |
| $3M+ | 0.75% |
The above management fee is separate and distinct from Envestnet’s fee, which can be up to an annual fee of 0.42% of the assets under management. The exact Envestnet fee will be disclosed to the client in the Envestnet client Agreement. Additionally, the management fee is separate from any brokerage commissions, transaction fees, and other related costs and expenses. Clients pay an asset-based annual custodian fee of 0.22% per year based on the client’s assets under management.