Schrum Private Wealth Management provides investment and wealth management and financial planning services. They work with clients to determine investment goals, create suitable strategies, and review portfolios. They also create financial plans covering areas like business planning, cash flow analysis, retirement planning, and tax planning. Schrum Private Wealth specializes in serving high-net worth individuals.
Fee Structure
Schrum Private Wealth charges an annual advisory fee based on a percentage of the assets they manage. This fee generally ranges from 0.45% to 1.5%, depending on the size and composition of your portfolio, the services provided, and the advisor involved. The fee is calculated monthly using the average daily balance. Schrum Private Wealth may also charge a flat fixed advisory fee, which is individually negotiated.