Waddell & Associates (W&A) offers wealth management services to individuals, corporate, and professional pension and profit-sharing plans. W&A creates portfolios of mutual funds, exchange-traded funds (ETFs), and structured notes based on client investment objectives and risk tolerance. W&A also provides financial planning services, addressing areas like personal finances, education, taxes, retirement, and investments. W&A may use third-party managers for fixed income or equity portfolios and may utilize the Schwab Intelligent Portfolios program for lower asset balance clients.
Assets Under Management$1.7B
Clients1,022
Advisors10
Avg. per Client$1.7M
Avg. per Advisor$170M
Fee Structure
Minimum Investment:$500K
Planning is included in investment management (also available separately)
Minimum Annual Fee:$100
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.33% |
| $1.0M - $2.0M | 0.75% |
| $2.0M - $8.0M | 0.60% |
| $8.0M - $20.0M | 0.50% |
| $20M+ | 0.20% |
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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