Generous Wealth Management (GWM) manages investment portfolios and offers financial planning services. GWM creates personalized investment plans based on client goals and risk tolerance. Financial planning covers areas like business planning, cash flow management, college savings, estate planning, insurance, retirement planning, and tax strategies. GWM also offers fee-based annuities. They may use outside managers to assist with investment management.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.15% |
| $500K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $3.0M | 0.80% |
| $3.0M - $4.0M | 0.70% |
| $4.0M - $5.0M | 0.60% |
| $5M+ | 0.50% |
Fees are negotiable. If GWM utilizes an Outside Manager, the above fee schedule does not include the Outside Manager’s fee. The Outside Manager’s advisory fees, billing schedule, and payment procedures are set forth in their separate written disclosure documents, advisory agreements, and/or the account opening documents of your account Custodian. Currently, the Outside Manager we utilize charges an annual fee of 0.50% of the assets under management, calculated based on the average daily balance of the account. At no point will the combined fee charged to the Client exceed 2% of assets under management.