Magness Wealth Management is a registered investment advisor founded in 2026 and based in Pennsylvania. The firm offers continuous investment management and personalized financial planning services to individuals, high-net-worth individuals, and corporations. Investment management services involve creating customized asset allocations using stocks, bonds, mutual funds, exchange-traded funds, and cash equivalents, with discretion or non-discretionary authority. Magness Wealth Management also utilizes independent investment managers and platforms when appropriate. Financial planning is available as an ongoing service or through project-based engagements covering a wide range of topics, including retirement planning, business consulting, cash flow and debt management, estate planning, risk management, and tax planning strategies. The firm operates on a fee-only basis, meaning compensation comes solely from client fees rather than commissions or product sales.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.5M | 0.85% |
| $2.5M - $5.0M | 0.75% |
| $5M+ | 0.50% |
Fees are negotiable and household accounts may be aggregated. Outside manager fees are separate and the combined fee will not exceed 2%.