Broadway Wealth Solutions manages investment portfolios and provides personalized financial planning for individuals, families, and retirement investors. The firm builds custom portfolios based on each client's risk tolerance and goals, using a mix of individual securities, mutual funds, exchange-traded funds, fixed income, and insurance products. For clients seeking direct indexing strategies, Broadway Wealth Solutions partners with a sub-advisor, First Trust Advisors. As a registered investment advisor and a wholly owned subsidiary of Broadway National Bank, the firm acts legally in its clients' best interests. Services are offered on both a discretionary basis, where the firm makes trades without prior approval, and a non-discretionary basis. In addition to investment management, the firm provides retirement rollover guidance and financial planning services that are included with portfolio management.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.80% |
| $2.0M - $5.0M | 0.60% |
| $5M+ | 0.50% |
Fees may be negotiated at the sole discretion of the firm. Clients using the First Trust Direct Indexing strategy incur an additional sub-advisory fee of 0.30% annually.