Anchor Wealth Management offers investment advice to individuals and businesses. They create portfolios using stocks, bonds, exchange traded funds, and other investments, tailored to each client's goals and risk tolerance. Portfolios are monitored and rebalanced as needed. Anchor Wealth Management acts as a fiduciary, meaning they are legally required to act in your best interest.
Fee Structure
Anchor Wealth Management charges a fee based on the value of your investments, not to exceed 1.23% annually. This fee is calculated quarterly, in advance, based on the value of your account on the last day of the previous quarter. The fee is negotiable. You'll also pay transaction fees charged by your chosen custodian for trades, as well as other fees related to your investments.