Redstone Wealth Management provides financial planning and investment management services. Financial planning covers various aspects of managing financial resources based on individual needs. Asset management is offered on a discretionary basis, where Redstone makes investment decisions without prior client approval. They may recommend third-party investment advisors and monitor their performance. Redstone also offers services for held-away assets and self-directed brokerage accounts.
Fee Structure
Redstone Wealth Management's annual fee for managing your investments is a maximum of 1.95% of the market value of the assets. For accounts primarily holding fixed income securities, the maximum annual fee is 1.50%. The specific fee is negotiable and will be detailed in your agreement. Fees are typically paid monthly or quarterly in advance. Family accounts may be combined to potentially reduce the overall fee.