Meschel Wealth Management manages investment portfolios and provides comprehensive financial planning for individuals, families, trusts, and businesses. Meschel Wealth Management builds personalized portfolios primarily using mutual funds and exchange-traded funds, following a disciplined asset allocation strategy tailored to each client's specific goals and risk tolerance. For investment management, Meschel Wealth Management operates on a discretionary basis, meaning they make day-to-day trading decisions on behalf of clients. In addition to direct portfolio management, the firm offers comprehensive financial planning services covering retirement, taxes, and other financial needs under separate agreements. Meschel Wealth Management primarily recommends Charles Schwab as a custodian and broker for client accounts.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.25% |
| $250K - $500K | 1.00% |
| $500K - $1.0M | 0.90% |
| $1.0M - $2.5M | 0.60% |
| $2.5M - $5.0M | 0.40% |
| $5M+ | 0.25% |
Fees are negotiable based on factors such as anticipated future earnings, additional assets, relationship size, and account composition.