Model Wealth, Inc. is a registered investment advisor operating as a fully virtual, fee-only firm that provides comprehensive financial planning and wealth management services to individuals, families, estates, and trusts. The firm offers services under two primary arrangements: financial planning engagements billed on an hourly or project-based fee, and ongoing wealth management services that integrate portfolio management and ongoing planning for a flat annual fee. Model Wealth follows a passive investment strategy, emphasizing cost-effectiveness, tax-efficiency, and asset allocation, and utilizes independent third-party platforms such as Betterment for Advisors and Vanguard Personalized Indexing Management for portfolio execution and direct indexing. The firm generally maintains discretionary authority to manage client accounts.
Fee Structure
Model Wealth offers ongoing wealth management which includes portfolio management and financial planning for a flat annual fee generally ranging up to $50,000, with most clients paying between $7,900 and $12,000 per year. In certain circumstances, the firm may agree to charge a percentage-based fee not to exceed 0.75% of the client's total portfolio value. When utilizing third-party platform providers like Betterment for Advisors or Vanguard Personalized Indexing Management, clients will incur separate fees charged by those managers in addition to Model Wealth's management fee.