W&S Advisory Services provides investment management specifically designed for children's custodial accounts under the Uniform Gifts to Minors Act, utilizing a digital platform called Fabric. Parents or other custodians can choose from five model portfolios ranging from conservative to aggressive, which invest in a mix of exchange-traded funds, mutual funds, and money market funds. In addition to investment management, W&S Advisory Services offers comprehensive financial planning covering retirement, investment strategies, education funding, and insurance planning. Financial planning is available as a standalone service through affiliated insurance agents, providing actionable recommendations that clients can implement with any financial provider they choose.
Fee Structure
W&S Advisory Services charges a flat monthly fee for managing children's custodial accounts:
- Single account — $3.00 per month
- Multiple accounts — $5.00 per month
This monthly fee covers all brokerage commissions, stock transfer fees, and custodial fees. Investment management fees do not include the underlying expenses charged by the exchange-traded funds or mutual funds in your portfolio.