Cook Wealth Management provides financial planning services, including retirement strategy, tax reduction, and estate preservation. Cook Wealth Management also refers clients to third-party investment managers (TPMs) and monitors their performance. Cook Wealth Management receives referral fees from the TPMs. Clients can impose restrictions on investments.
Fee Structure
Cook Wealth Management does not directly manage client assets. Instead, Cook Wealth Management refers clients to third-party investment managers (TPMs). The fees for these managers vary depending on the portfolio type, and Cook Wealth Management receives a portion of those fees. For example, the Strategic Portfolio has a 2% annual fee, split 1% to the investment manager and 1% to Cook Wealth Management. These fees are negotiable.