Fulcrum Wealth Systems provides ongoing asset management services, creating investment strategies based on individual client goals, time horizons, and risk tolerance. Clients can place restrictions on investments. Thomas McDermott owns 100% of the firm and also works as an insurance agent, which presents a conflict of interest.
Assets Under Management$7.5M
Clients39
Advisors1
Avg. per Client$190K
Avg. per Advisor$7.5M
Fee Structure
Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $200K | 1.25% |
| $200K - $500K | 1.20% |
| $500K - $1000K | 1.10% |
| $1.0M - $2.0M | 1.00% |
| $2M+ | 0.90% |
Clients electing to invest in options will be charged an annual fee of 2% on the options portion of their investment portfolio. Clients electing to invest in treasuries will be charged an annual fee of 0.50% on the treasuries portion of their investment portfolio. The annual fees listed above are negotiable.
Fee Estimator
Your Portfolio Value
$500K
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Estimated Annual Fee
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