FamilyWealth Advisers (FWA) offers investment advice, portfolio management, and other financial services to individuals, high net worth individuals, trusts, estates, corporate pension and profit-sharing plans, charitable organizations, foundations, endowments, corporations, and small businesses. FWA uses the FamilyWealth™ platform to provide its investment advisor representatives with a comprehensive view of clients’ portfolios. FWA creates investment strategies that cross over single asset class boundaries.
Fee Structure
FamilyWealth Advisers generally charges a percentage of the assets they manage.
Retail clients are typically charged 1.45%, but for some strategies, the retail fee can be up to 2%. The actual fee depends on the service provided by the individual Investment Advisor Representatives and the strategies they recommend.
In addition to the fees shown above, the Client will pay the following Platform fees:
- First $500,000: 0.30%
- Next $500,000: 0.25%
- Next $1,000,000: 0.20%
- Next $1,000,000: 0.15%
- Next $1,000,000: 0.10%
- Assets Over $4,000,000: 0.05%
An additional 0.10% to 0.35% asset management fee applies for asset managers of strategies and portfolios in the Managed Account Solutions Platform, depending on the manager selected.