BAM Wealth Management offers investment management and financial planning services. Investment management is provided on a discretionary basis, where BAM manages investments based on the client's goals and risk tolerance. Financial planning covers areas like retirement, tax, insurance, and estate planning. BAM also offers educational seminars. BAM acts as a fiduciary, meaning it's legally required to act in your best interest.
Fee Structure
BAM Wealth Management manages investment portfolios for a fee that is a percentage of the assets managed. The exact percentage is negotiable and may vary between clients. The fee covers investment analysis, ongoing advice, and access to BAM's online platform. The fee is deducted monthly from your account. Clients may also incur fees from the brokerage firm where their assets are held, as well as fees charged by the mutual funds or ETFs they invest in.