Mount Vernon Financial is a registered investment advisor located in Mount Vernon, Ohio, founded in December 2025. Mount Vernon Financial provides comprehensive wealth management services, which include ongoing investment management and financial planning. When managing investments, Mount Vernon Financial builds customized portfolios using stocks, bonds, mutual funds, exchange-traded funds, and cash equivalents, guided by each client's specific goals, risk tolerance, and tax considerations. The firm uses Charles Schwab & Co. and Altruist Financial as custodians for client accounts and may utilize independent investment managers or model portfolios when appropriate. Financial planning services cover areas such as cash flow and debt management, college savings, financial goals, investment analysis, and retirement planning. Mount Vernon Financial operates as a fee-only firm, meaning they are compensated solely by clients through asset-based or fixed planning fees and do not accept commissions or third-party product sales compensation.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.25% |
| $250K - $1.0M | 1.00% |
| $1M+ | 0.90% |
Fees are negotiable and household accounts may be aggregated for fee calculation. If an independent outside manager is used, combined advisory fees will not exceed 2%.