Wayne Financial LLC offers portfolio management services based on individual client goals and risk tolerance. They create an Investment Policy Statement for each client. Financial planning services include investment planning, life insurance, tax concerns, retirement planning, college planning, and debt/credit planning. Wayne Financial generally limits its investment advice to mutual funds, fixed income securities, equities, ETFs, treasury inflation protected/inflation linked bonds and non-U.S. securities, although they primarily recommend equities & ETFs. Wayne Financial is also licensed as an insurance agency and earns commissions from selling insurance products.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $5.0M | 1.00% |
| $5M+ | 0.50% |
Fees are negotiable. The Flagship Strategy has higher fees than the Traditional Strategy. Traditional Strategy fees are: $1 - $1,000,000: 1.20%, $1,000,001 - $5,000,000: 0.90%, $5,000,001 - AND UP: 0.60%