Higgins & Schmidt Wealth Strategies provides ongoing portfolio management services based on your individual financial situation, goals, and risk tolerance. They create a personalized investment plan for each client. They generally invest in mutual funds, fixed income, equities, ETFs, and other securities. They also sponsor a wrap fee program where one fee covers management, transaction costs, and administrative fees.
Assets Under Management$220M
Clients354
Advisors3
Avg. per Client$610K
Avg. per Advisor$72M
Fee Structure
Minimum Investment:$500K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $1.5M | 1.25% |
| $1.5M - $3.0M | 1.00% |
| $3.0M - $10.0M | 0.50% |
| $10M+ | 0.25% |
Donor Advised Fund accounts will be charged at a 0.3% fee. Accounts designated as solely Money Market accounts will not incur a fee. These fees are negotiable depending upon the needs of the client and complexity of the situation.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
Loading...