MD Wealth Advisors is an independent wealth management firm that offers comprehensive financial planning and investment management services. Founded in 2019 and based in Cranford, New Jersey, the firm focuses on helping individuals build wealth during their accumulation years and plan for retirement. MD Wealth Advisors creates customized investment portfolios based on each client's specific goals and risk tolerance, while also monitoring broader financial needs such as cash flow, taxes, insurance, employee benefits, and estate planning. In addition to investment management and ongoing planning, the firm offers hourly consultations and specialized retirement plan advisory services. Clients also have access to trustee services upon request. The firm is owned and operated by Certified Financial Planner Mohit Desai, who also maintains independent practices providing tax preparation and insurance services.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.25% |
| $1.0M - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.50% |
| $10M+ | 0.50% |
Fees for portfolios over $10,000,000 are based on complexity and are negotiable. Fees are prorated and paid quarterly in arrears.