Formation Wealth Management offers portfolio management services tailored to individual client needs, including ongoing financial advice and discretionary portfolio management. They also provide stand-alone financial planning and consulting services. The firm primarily advises on exchange-traded funds and mutual funds. They require clients to grant discretionary authority to manage their accounts.
Assets Under Management$41M
Clients43
Advisors1
Avg. per Client$960K
Avg. per Advisor$41M
Fee Structure
Minimum Investment:$1M
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $1.0M | 1.25% |
| $1.0M - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.80% |
| $5.0M - $10.0M | 0.60% |
| $10M+ | 0.40% |
Fee schedule is a blended tiered fee schedule. Fees may be negotiable.
Fee Estimator
Your Portfolio Value
$500K
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Estimated Annual Fee
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