Collective Wealth Advisors (CWA) offers investment management services on a discretionary or non-discretionary basis. CWA also provides financial planning and consulting services for an hourly or fixed fee. CWA may use sub-advisors to manage client assets. CWA also offers services to qualified retirement plans as a limited scope ERISA 3(21) fiduciary. CWA does not act as a custodian of client assets.
Fee Structure
Collective Wealth Advisors (CWA) charges a fee based on a percentage of the assets they manage for you, not exceeding 1.5% annually. This fee includes the cost of a third-party money administrator. Fees are calculated each quarter based on the value of your portfolio at the end of the previous quarter. Fees are negotiable.
If CWA uses AQR Capital Management as a sub-advisor, you will pay additional fees ranging from 0.225% to 2.00% depending on the strategy and account size. If CWA uses Parametric Associates LLC as a sub-advisor, you will pay an additional annual fee of 0.18%, with additional fees for benchmarks and/or screens between 0.0375% and 0.10% annually.
For American Funds, CWA charges a flat annual investment advisory fee of up to 1.5% of the total assets under management. These fees are negotiable.