Reik Wealth Management, Inc. helps individuals, families, and business owners navigate various financial stages of life. Founded by Tim Reik, the firm offers two primary programs: Wealth Management and Financial Consulting. Through the Wealth Management program, Reik Wealth Management builds and monitors customized investment portfolios using stocks, bonds, exchange-traded funds, mutual funds, and other securities, handling trades on your behalf. Incidental financial planning and retirement guidance are included when needed. Alternatively, clients can hire Reik Wealth Management solely for Financial Consulting on a project or hourly basis, covering balance sheet guidance, tax planning, estate planning review, debt management, budgeting, and retirement planning. The firm also assists with divorce financial consultations and can coordinate with outside professionals for estate document preparation. Reik Wealth Management emphasizes personalized service and tailors strategies to individual goals and risk tolerance.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $1.0M | 1.00% |
| $1.0M - $3.0M | 0.85% |
| $3.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.60% |
| $10M+ | 0.50% |
Fees may be negotiated, lowered, or waived for family, friends, historical relationships, or based on the complexity of the client situation.