Formula Wealth is a registered investment advisor located in Fairhope, Alabama, founded in February 2020 by principal owner and Certified Financial Planner Chad Wesley Holmes. The firm offers ongoing comprehensive financial planning bundled with investment management, as well as standalone project-based and hourly financial planning services. Formula Wealth uses a passive, asset class-based investment strategy focused on global diversification and low-cost index mutual funds or exchange-traded funds to help clients build tailored portfolios. The firm also assists with business planning, cash flow and debt management, college savings, estate planning, insurance reviews, retirement planning, risk management, and tax planning strategies.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.00% |
Starts at 1.00% annually and will not exceed 2% annually. Subject to a minimum annual fee of $10,000. Fees are negotiable.
