Mattix Wealth Management offers financial planning services and refers clients to AE Wealth Management for investment management. Mattix Wealth Management helps clients determine their risk tolerance and investment objectives, then connects them with AE Wealth Management, who manages the client's assets. Mattix Wealth Management acts as a liaison between the client and AE Wealth Management, answering questions and providing communication.
Fee Structure
Mattix Wealth Management does not directly manage your investments. Instead, they refer you to AE Wealth Management, who charges a percentage of your assets under management. Mattix Wealth Management receives a portion of AE Wealth Management's fee as a referral fee.
AE Wealth Management's fees are:
- Under $10 million: 1.90% per year
- $10 million and above: 1.75% per year
AE Wealth Management typically retains no more than 0.90%, with Mattix Wealth Management retaining the difference.