Quincy Wells Advisors is a registered investment advisor based in Chicago, Illinois. The firm offers comprehensive financial planning, investment management, and investment consulting services tailored to each client's individual goals. Financial planning covers areas such as personal financial planning, retirement income planning, tax strategies related to investments, estate planning, and cash flow budgeting. Investment management is offered on both a discretionary basis, where the firm makes trades on the client's behalf, and a non-discretionary basis, where clients approve trades in advance. The firm also provides investment consulting services to retirement plans and plan sponsors. Quincy Wells Advisors works with individuals, high net worth individuals, trusts, estates, and business entities, and can utilize third-party money managers for specialized expertise.
Fee Structure
Quincy Wells Advisors tailors its investment management fees to each client, offering options that include percentage of portfolio assets, hourly charges, flat fees, or a combination. Fees are generally billed in advance based on the average daily balance of the account, though initial monthly fees are billed in the following month. The firm notes that total annual compensation, when combined with transaction-based or affiliate fees, generally does not exceed 2.5%. There are no mandatory minimum account sizes or minimum annual fees required to work with the firm.