WesBanco Securities offers investment advisory and portfolio management services to individuals, corporations, trusts, and retirement plans. The firm operates primarily through a wrap fee program where clients pay a single bundled fee covering advice, ongoing account monitoring, and transaction costs. Because WesBanco Securities does not manage accounts with final trading authority without client consent, clients retain final decision-making power for all transactions. In addition to its proprietary program, WesBanco Securities offers access to third-party managers like BNY Mellon Advisors and SEI, providing strategies ranging from separately managed accounts and unified managed accounts to model portfolios and mutual fund wrap accounts. Representatives of WesBanco Securities are also registered representatives of an affiliated broker-dealer and licensed insurance agents, allowing them to offer commission-based securities and insurance products alongside advisory services.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 2.00% |
| $500K - $2.0M | 1.50% |
| $2M+ | 1.00% |
Fees are negotiable. Third-party manager programs such as BNY Mellon Advisors use this same fee schedule, while separate BNY Mellon or SEI programs may have their own program fees and minimum investments.