Waterstone Financial Advisory (WFA) provides investment management and financial planning services. For investment management, WFA uses third-party managers through AssetMark or creates custom strategies. Financial planning includes income planning, savings targets, tax optimization, and estate planning. WFA tailors programs to each client's needs and may use model allocations with specific recommendations. Clients can restrict investments based on their values, but WFA may end the relationship if restrictions hinder service.
Assets Under Management$260M
Clients291
Advisors3
Avg. per Client$900K
Avg. per Advisor$87M
Fee Structure
Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $200K | 1.15% |
| $200K - $500K | 1.05% |
| $500K - $1.0M | 0.95% |
| $1.0M - $2.0M | 0.85% |
| $2.0M - $4.0M | 0.75% |
| $4.0M - $8.0M | 0.60% |
| $8M+ | 0.45% |
Clients are also charged a platform fee ranging from 0.20% to 0.75% depending on the AssetMark investment solutions used.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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