MILE Wealth Management LLC manages customized investment portfolios and offers comprehensive financial planning services. MILE Wealth Management uses Modern Portfolio Theory and a passive investment approach, focusing primarily on low-cost index mutual funds, exchange-traded funds, stocks, and bonds. The firm provides ongoing portfolio supervision on a discretionary basis, meaning MILE Wealth Management makes trades without needing prior client approval for each transaction. In addition to portfolio management, MILE Wealth Management provides financial planning that covers retirement, cash flow and debt management, business planning, college savings, employee benefits optimization, estate planning, insurance, risk management, and tax planning strategies. MILE Wealth Management primarily serves individuals, including high net worth clients.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.80% |
| $1.0M - $3.0M | 0.50% |
| $3.0M - $5.0M | 0.40% |
| $5.0M - $10.0M | 0.30% |
| $10M+ | 0.20% |
Fees are blended across household accounts. Minimum annual fee is $4,800. Comprehensive financial planning is included at no extra charge for accounts with $600,000 or more.
