Bellingrath Wealth Management works with individuals and businesses to provide financial planning, estate planning, and retirement planning. They start with an introductory meeting to understand the client's goals and risk tolerance. They develop a financial picture for the client and discuss asset management strategies. Financial planning is included with investment management and is not charged separately. Bellingrath manages portfolios on a discretionary basis, meaning they make changes to client accounts without seeking specific approval.
Fee Structure
Bellingrath Wealth Management offers investment management services where the annual advisory fee is negotiable, up to 1.5% of the total assets managed. The fee is based on factors like the amount of assets, complexity, and scope of services. They may combine accounts for families to determine a fee. The fee is calculated by the custodian based on the gross market value of the account on the last day of the previous quarter.
Bellingrath also uses LPL Financial's programs, which have different fee structures:
- Model Wealth Portfolios (MWP): Up to 2.35% advisory fee and up to 0.60% manager fee, for a maximum of 2.95% annually.
- Optimum Market Portfolios (OMP): Up to 2.50% advisory fee.