Henley Advisors offers investment management services, including the option to use sub-advisors. They also provide complimentary financial planning to investment management clients, covering areas from risk management to estate planning. Additionally, Henley Advisors offers services to retirement plans, acting as a limited scope advisor. Bill Henley, Jr. is also a licensed insurance agent through Henley Financial Group, LLC.
Fee Structure
Henley Advisors charges a percentage of your portfolio annually for investment management. The exact percentage depends on the amount you invest.
For standard accounts:
- Up to $100,000: 1.30%
- $100,001 to $250,000: 1.20%
- $250,001 to $1,000,000: 1.15%
- $1,000,001 to $2,000,000: 1.00%
- $2,000,001 to $3,000,000: 0.80%
- $3,000,001 to $5,000,000: 0.65%
- Over $5,000,000: 0.45%
For Solo 401k accounts:
- Up to $100,000: 0.50%
- $100,001 to $500,000: 0.40%
- $500,001 to $2,000,000: 0.30%
- Over $2,000,000: 0.20%
For accounts managed through a third party manager (Orion):
- Up to $1,000,000: 1.00%
- $1,000,001 to $2,000,000: 0.85%
- $2,000,001 to $3,000,000: 0.60%
- Over $3,000,000: 0.50%
These fees may be negotiable, and combining accounts within the same household may result in a reduced fee. The fees are charged monthly, based on the average daily balance for the prior month.