Advocate Wealth manages investment portfolios and provides financial planning services, including ongoing and one-time financial planning engagements. Financial planning covers areas like business planning, cash flow and debt management, college savings, employee benefits, estate planning, financial goals, investment analysis, retirement planning, risk management, charitable planning, and tax planning. Advocate Wealth uses asset allocation and passive investment management strategies.
Fee Structure
Advocate Wealth charges a percentage of your portfolio each year, ranging from 0.50% to 1.50%. The exact percentage depends on the amount you invest, the number of accounts you have, and the complexity of your accounts. Fees are negotiable and paid monthly, based on the average daily balance of your account.