Farrar Wealth Management is a registered investment advisor based in North Palm Beach, Florida, founded and owned by Charles Farrar. Farrar Wealth Management provides tailored investment management and financial planning services to individuals, high-net-worth individuals, corporations, and retirement plans. For portfolio management, Farrar Wealth Management builds customized investment portfolios or uses model portfolios ranging from aggressive to conservative, maintaining ongoing monitoring and trading authority over client accounts. In addition to investment management, Farrar Wealth Management offers financial planning and consulting covering asset allocation, retirement planning, estate planning, and cash flow analysis. Farrar Wealth Management also provides consulting services to employee benefit plans and retirement plans under federal retirement plan rules. Clients who hire Farrar Wealth Management for portfolio management can receive complimentary financial planning at no extra cost. Standalone financial planning and consulting are also available on a fixed-fee or hourly basis. Farrar Wealth Management requires no minimum account size to open and maintain an advisory account.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.85% |
| $2.0M - $3.0M | 0.75% |
| $3.0M - $5.0M | 0.50% |
| $5M+ | 0.35% |
Fees are negotiable. Household accounts may be combined to lower fee percentages.