Third Tier Wealth Management provides investment advice and financial planning to individuals, high net worth individuals, and businesses. They create customized investment strategies using mutual funds, exchange-traded funds (ETFs), and individual securities. They also offer financial planning services covering areas like retirement, risk management, tax reduction, and estate preservation. Third Tier Wealth may recommend unaffiliated investment managers or platforms.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.50% |
| $250K - $1.0M | 1.00% |
| $1.0M - $3.0M | 0.80% |
| $3.0M - $5.0M | 0.70% |
| $5.0M - $10.0M | 0.60% |
| $10M+ | 0.50% |
Third Tier Wealth may leverage SEI Managed Accounts Solutions or Altruist Model Marketplace to manage a portion of client accounts. SEI charges an additional annual fee of 0.15% to 1.15% for Separately Managed Accounts and Unified Managed Accounts. SEI also charges an additional fee ranging from .55% to 1.15% for Custom High Net Worth Solutions. Those who utilize the Mutual Fund Models Program is also charged an additional .15% for a transaction fee, which is subject to a $1,000 per year, per account, maximum. Altruist LLC’s Model Marketplace fees and tax management tool fees range between 0.00% and 1.00%.