Passport Wealth Management (PWM) offers combined financial planning and investment management services. PWM works with clients to develop personalized investment plans based on their goals and risk tolerance. PWM also offers personal tax return preparation and retirement plan consulting. PWM primarily uses passive investment management strategies.
Fee Structure
Passport Wealth Management (PWM) offers a combined financial planning and investment management service. The fee consists of a fixed quarterly fee, typically between $3,000 and $15,000 annually, plus an investment management fee of 0.50% on the assets they manage. The fixed fee is based on the complexity of the client's situation and increases by 3% annually. The total fees are not based on a percentage of assets under management, but the investment management portion will never exceed 2% of the assets managed.
