Testament Wealth Management is an independent registered investment advisor founded in January 2026 and based in Cary, North Carolina. Led by principal and Certified Financial Planner Nicholas Faulkner, the firm offers comprehensive wealth management services that combine ongoing investment portfolio management with holistic financial planning. Testament Wealth Management builds diversified portfolios using stocks, bonds, mutual funds, and exchange-traded funds, tailored to each client's specific risk tolerance, time horizon, and goals. In addition to investment management, the firm covers cash flow and debt management, retirement planning, tax strategies, estate planning coordination, college savings, employee benefits optimization, and business planning. Testament Wealth Management also offers project-based financial planning for clients who need help with specific financial questions. The firm operates as a fee-only practice, meaning compensation comes solely from client fees without commissions or product sales, and adheres to a legal obligation to act in clients' best interests.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $5.0M | 0.70% |
| $5M+ | 0.40% |
Fees are negotiable. Firm also offers fixed annual fees ranging from $1,500 to $15,000 in lieu of asset-based fees.