Hemming& Wealth Management offers investment advice and financial planning to individuals, high net worth individuals, families, trusts, charitable organizations, businesses, and retirement plans. They create investment strategies based on client goals, risk tolerance, and financial situations, using both internal management and third-party platforms. Financial planning services are offered as a stand-alone service or as part of the overall investment advisory fee. Hemming& Wealth Management also provides retirement plan advisory services to retirement plans and plan sponsors.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.50% |
| $250K - $500K | 1.40% |
| $500K - $1.0M | 1.25% |
| $1.0M - $2.0M | 1.00% |
| $2.0M - $4.0M | 0.75% |
| $4.0M - $6.0M | 0.65% |
| $6.0M - $8.0M | 0.50% |
| $8M+ | 0.50% |
Fees negotiable for accounts over $8,000,000. Certain clients may be on a legacy fee schedule that may differ from the one above. For accounts with American Funds as the custodian, the fee schedule is: Up to $500,000: 1.40%, $500,001 to $1,000,000: 1.25%, $1,000,001 to $2,000,000: 1.00%, $2,000,001 to $4,000,000: 0.75%, $4,000,001 to $8,000,000: 0.40%, Over $8,000,000: Negotiable