Prospect Financial offers investment advice and financial planning to individuals, high net worth individuals, trusts, estates, businesses, and retirement plans. Prospect Financial provides tailored investment solutions through personal contact and discretionary investment management. Financial planning services are typically provided as part of wealth management, but can also be offered on a standalone basis.
Fee Structure
Prospect Financial charges a percentage of your portfolio annually for wealth management services. The fee can be up to 2.50% per year, depending on the complexity of your situation, the amount of assets managed, and the overall relationship with Prospect Financial. The fee is calculated based on the market value of your portfolio at the end of the prior quarter and is paid in advance. Fees may be negotiable.