Seva Wealth Management provides investment management services, tailoring investment strategies to individual client circumstances. They may use third-party investment managers through Schwab's Marketplace. Seva Wealth also offers financial planning and consulting services, including comprehensive financial plans and consultations on specific topics. They also provide limited scope ERISA 3(21) fiduciary services to qualified retirement plans.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $750K | 1.20% |
| $750K - $1.0M | 1.15% |
| $1.0M - $1.5M | 1.10% |
| $1.5M - $2.0M | 1.05% |
| $2.0M - $3.0M | 1.00% |
| $3.0M - $4.0M | 0.90% |
| $4.0M - $5.0M | 0.80% |
| $5.0M - $10.0M | 0.70% |
| $10.0M - $15.0M | 0.60% |
| $15.0M - $20.0M | 0.50% |
| $20M+ | 0.40% |
The annualized fee is negotiable based upon certain criteria (e.g., historical relationship, householding of Client accounts, type of assets, anticipated future earning capacity, anticipated future additional assets, dollar amounts of assets to be managed, related accounts, account composition, negotiations with Clients, etc.). Clients may combine multiple household accounts to receive a lower tiered schedule.