NorthStar Wealth Management (NWM) offers personalized wealth management through NorthStar Private Client Service (NPCS), where a dedicated advisor provides financial planning and investment management advice. NWM also offers NorthStar TechEdge Service (NTES), which provides investment portfolios built and maintained by NWM, along with a tech-driven financial planning program. NWM manages investments in a wrap fee program, where clients pay one fee for management, transaction costs, and administrative fees.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $3.0M | 0.90% |
| $3.0M - $5.0M | 0.80% |
| $5.0M - $7.5M | 0.70% |
| $7.5M - $10.0M | 0.50% |
| $10M+ | 0.50% |
Fees are negotiable for accounts over $10,000,001. NWM also offers NorthStar TechEdge Service with a different fee schedule: $0 - $1,000,000: 0.5%, $1,000,001 - $3,000,000: 0.4%, $3,000,001 - $5,000,000: 0.3%, $5,000,001 - $7,500,000: 0.25%, $7,500,001 And Up: 0.15%. NWM also offers cash management brokerage accounts with a 0.15% annual fee, health savings brokerage accounts, personal choice retirement accounts, advisory annuities, and advisory 529 accounts, each with a 0.25% annual fee.