Innermost Wealth Management is a fee-only advisory firm founded in Michigan by Kimberly Houston. The firm specializes in continuous investment management and comprehensive financial planning for individuals, high-net-worth clients, and business owners. Innermost Wealth Management builds customized portfolios using stocks, bonds, mutual funds, exchange-traded funds, and cash equivalents, applying Modern Portfolio Theory and offering socially responsible investing options upon request. Their comprehensive financial planning covers a wide range of topics, including behavioral finance, business planning, cash flow and debt management, college savings, divorce planning, employee benefits optimization, equity compensation planning, estate planning, insurance review, retirement planning, risk management, and tax planning strategies. The firm acts in the best interest of clients and provides services primarily on a discretionary basis after accounts are established at Charles Schwab & Co., Inc.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.50% |
| $10M+ | 0.40% |
Fees are negotiable and subject to an annual minimum fee of $8,200. Comprehensive financial planning is included.
