Prism Wealth Management offers investment management through sub-advisors and co-advisor relationships. They help clients determine investment goals, risk tolerance, and objectives. Prism Wealth Management also offers financial planning, including reviews of wills, estate plans, investments, taxes, retirement income, and college planning, at no additional cost. Clients can impose restrictions on investments. Prism Wealth Management also has a co-advisor relationship with Gradient Investments, LLC (GI) and will assist the Client to determine the appropriate model selection based on the Client’s investment objectives and risk tolerance.
Fee Structure
Prism Wealth Management offers investment management services through AE Wealth Management, LLC, charging an annual fee of 1.5% of your portfolio. This fee includes the fees charged by AE Wealth Management. The total fees will not exceed 2% annually. Fees are billed monthly based on the average daily balance of your account.
Prism Wealth Management also has a co-advisor relationship with Gradient Investments, LLC (GI). The fee for these services is based on a percentage of the assets under management.
- Strategic, Tactical Allocation & Defined Outcome Portfolios: 1.50% annually (0.50% to GI, 1.00% to Prism Wealth Management)
- Preservation Portfolios: 1.00% annually (0.40% to GI, 0.60% to Prism Wealth Management)
- Private Wealth Portfolios: 1.50% annually (0.50% to GI, 1.00% to Prism Wealth Management)
These fees are negotiable and assessed quarterly.