New Wave Financial Services provides comprehensive financial planning, investment management, ongoing tax planning, and individual tax return preparation through its Ongoing Financial Advising service. Portfolio management is only available in combination with ongoing financial advisory services and is not offered standalone. The firm also offers standalone financial planning services for clients who do not need ongoing investment management or tax preparation. Founder and Chief Compliance Officer Greg S. Meyer leads the firm, utilizing strategies rooted in Modern Portfolio Theory and core-and-satellite investing. New Wave Financial Services focuses on individuals, high-net-worth individuals, and small businesses.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5.0M | 0.35% |
| $5M+ | 0.25% |
Portfolio management is only available with Ongoing Financial Advising, which also includes a $2,250 initial fee and a $9,000 annual base fee. Altruist Model Marketplace strategies add an extra 0.12% to 0.40% annually.