Santa Monica Wealth Management (SMWM) is an investment management firm that provides ongoing, active investment management services on a discretionary basis. SMWM focuses solely on investment management and does not sell financial products for commissions. SMWM acts as a fiduciary, prioritizing clients' best interests. SMWM no longer offers comprehensive wealth management or stand-alone financial planning to new clients, but will continue to service legacy clients.
Assets Under Management$22M
Clients35
Advisors1
Avg. per Client$620K
Avg. per Advisor$22M
Fee Structure
Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 2.00% |
| $2.0M - $3.0M | 1.00% |
| $3.0M - $4.0M | 0.50% |
| $4.0M - $5.0M | 0.30% |
| $5M+ | 0.25% |
Fees are negotiable and may vary based on the size and complexity of the account. Some clients may pay more than others with the same assets under management, but no client pays more than the schedule above.
Fee Estimator
Your Portfolio Value
$500K
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Estimated Annual Fee
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