Iconic Wealth Management provides ongoing portfolio management based on individual client goals and risk tolerance. They evaluate current investments and request authority to make trades without asking first. Portfolios are diversified across equities, fixed income, cash, and sometimes alternative investments. Financial planning is offered as part of the wealth management process, covering areas like retirement, tax, and estate planning. Financial planning is offered at no additional cost for investment management clients. Standalone financial plans are also available.
Fee Structure
Iconic Wealth Management charges a percentage of your portfolio each year. The rate varies based on the amount you invest.
Investment Management:
- $200,000 – $499,999: 1.50% per year
- $500,000 – $1,000,000: 1.25% per year
- $1,000,000 – $4,999,999: 1.00% per year
- $5,000,000 and Above: 0.80% per year
Derivatives Strategy:
- $1 – $4,999,999: 1.50% per year
- $5,000,000 – $9,999,999: 1.25% per year
- $10,000,000 and Above: 1.15% per year
These fees are negotiable.