Berenz Wealth Management offers asset management services, both discretionary and non-discretionary, to help clients achieve their financial goals. They also provide financial education and retirement planning services for an hourly fee. Berenz Wealth Management is a fee-only firm, meaning they don't sell commissioned products.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 1.50% |
| $100K - $1000K | 1.25% |
| $1M+ | 1.00% |
These are the Platinum service fees. Sapphire service fees are: Up to $99,999: 1.25%, $100,000 - $999,999: 1.00%, $1,000,000 and over: 0.85%. If you choose to utilize options or option strategies in your investment portfolio, you will be subject to an additional fee of 0.35% (up to $99,999), 0.30% ($100,000 - $999,999), or 0.25% ($1,000,000 and over), whether or not option contracts are actively being used in the account(s). The annual fee is negotiable. Accounts within the same household will be combined for a reduced fee.