Upstart Wealth Management is a registered investment advisor founded in December 2014 and based in New York, New York. The firm provides comprehensive investment management, financial planning, and tax preparation services primarily to individuals and high net-worth individuals. When managing investment portfolios, Upstart Wealth Management develops personalized investment policies based on client goals, time horizons, risk tolerance, and liquidity needs. To implement these strategies, Upstart Wealth Management typically recommends independent third-party investment managers, such as DGS Capital Management, and utilizes model portfolios consisting of equities, fixed income, exchange-traded funds, and mutual funds. In addition to investment oversight, Upstart Wealth Management offers holistic financial planning covering cash flow, debt management, college savings, employee benefits, estate planning, retirement projections, risk management, and tax planning strategies. Clients can engage Upstart Wealth Management for ongoing wealth management that bundles financial planning and tax preparation, or for standalone fixed-fee financial planning and tax services.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $750K | 0.00% |
| $750K - $2.5M | 0.80% |
| $2.5M - $10.0M | 0.75% |
| $10.0M - $20.0M | 0.55% |
| $20M+ | 0.45% |
Asset-based fees are blended and paid quarterly in arrears. Fees are negotiable. Clients also pay a separate minimum annual fee for planning and tax services ($7,600 for accounts under $2.5M, $4,000 for accounts of $2.5M or more).