Endeavor Wealth Advisors is a registered investment advisor located in Cleveland, Ohio, founded in 2019 by partners Kara Downing and Molly Balunek. The firm offers both investment management and financial planning services tailored to individuals, families, high-net-worth clients, and trusts. When managing investments, Endeavor Wealth Advisors creates a personalized investment policy statement and uses discretionary authority to build diversified portfolios consisting of stocks, bonds, mutual funds, exchange-traded funds, and American Depositary Receipts. In addition to portfolio management, the firm provides comprehensive financial planning covering cash flow, retirement, tax strategies, estate planning, insurance, education funding, and charitable giving. Clients can also engage Endeavor Wealth Advisors for standalone financial planning projects or hourly consultations. The firm generally recommends Charles Schwab & Co. as the custodian for client accounts.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.95% |
| $2.0M - $3.0M | 0.85% |
| $3.0M - $5.0M | 0.80% |
| $5.0M - $7.0M | 0.75% |
| $7M+ | 0.75% |
Fees for accounts over $7,000,000 are negotiable. There is a minimum annual fee of $5,000.