Peace of Mind Wealth Management (POM) helps clients build, manage, and preserve their wealth. POM offers investment management on both a discretionary and non-discretionary basis, primarily using mutual funds, exchange-traded funds (ETFs), bonds, and individual stocks. POM also provides financial planning services, either as part of investment management or as a standalone service, covering areas like estate, tax, and cash flow planning. POM may use third-party money managers through AE Wealth Management.
Fee Structure
POM charges a percentage of your portfolio each year, not to exceed 2.00%. Clients with less than $800,000 pay a fixed fee of $12,000 per year until they meet the minimum. Fees are billed monthly based on the average daily balance. POM may aggregate household accounts to determine the advisory fee. The fee charged to the client will not increase due to the annual fee POM pays to AEWM, the fee is paid from the portion of the management fee retained by POM.