Madrid Wealth Management is a registered investment advisor offering wealth management, investment management, financial planning, retirement plan consulting, retirement plan management, and education services. Madrid Wealth Management may recommend third-party professionals such as attorneys, accountants, or insurance agents. Wealth management includes investment management and financial planning. Investment management involves creating and managing a portfolio based on a client's individual needs and goals. Financial planning involves evaluating a client's current and future financial state to help achieve their financial goals.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.5M | 1.00% |
| $2.5M - $5.0M | 0.80% |
| $5.0M - $10.0M | 0.60% |
| $10M+ | 0.40% |
A minimum annual fee of $10,000 will apply but is waived if using MWM’s investment management through Betterment. Betterment charges an additional fee of 0.15%. Fee schedules may be negotiated up or down depending on the complexity of accounts, the inclusion of other services, and the amount service time the client desires. Similarly, a flat fee or custom fee schedule can be negotiated based on client needs.