Heirloom Wealth Management (HWM) is an investment management firm that offers investment advisory services for individuals, high net worth individuals, employee-sponsored retirement plans, institutions, charitable organizations, trusts, and estates. HWM manages accounts on a discretionary basis, allocating assets among equities, ETFs, mutual funds, and debt securities. They also offer financial planning services, including estate, income tax, charitable, cash flow, wealth transfer, and family legacy planning. HWM can also manage held-away accounts.
Fee Structure
Heirloom Wealth Management charges a fee based on a percentage of the assets they manage. The maximum fee is 1.75%. For some clients, HWM offers a flat fee ranging from $1,000 to $20,000 depending on the level of engagement. Fees are calculated on the average monthly balance of the account and billed monthly in arrears. The firm may negotiate a lower advisory fee or waive the minimum fee. Employees and their family related accounts are charged a reduced fee.