Q – How do you get paid?
A – For those seeking comprehensive wealth management and meeting our minimum asset requirement, the fee for planning may be incorporated within future fee-only investment advisory services. Our fee for investment management is a flat 1% of the assets under our care.
Q – What is your minimum investment?
A- Our minimum investment for comprehensive wealth management services is currently $500,000.
Q – Why do you have a minimum?
A – On average we have calculated that each client we service costs our firm approximately $2,500 – $5,000 per year in man-hours, infrastructure, technology, reporting and ancillary fees. As business owners, it is important for us to have, at minimum, a break-even relationship and if possible, profitability.
Q – What if we don’t have the minimum?
A – Wealth Development clients, or those not meeting our minimum asset requirement, may choose to pay our one-time planning fee of $1,495.
One of the best ways to learn more about Joule Financial is to join our free e-mail list. Periodically we will send out an e-mail newsletter for you to learn more about what we’re thinking or doing for client portfolios. We will never sell your information nor solicit you through this e-mail. It is for informational purposes only.
In this article I’ll be addressing two important questions about gold; the sources of demand for gold and why gold should have a place in your portfolio. For decades Warren Buffett, has been an outspoken opponent of owning gold. Gold said Buffett, “gets dug out of the...
Quint sits down with the folks from CNBC on Tuesday to discuss the broadening rally in the S&P 500. Much to the surprise of most, stocks continue to push on towards highs with the S&P following the NASDAQ. Long MS
Gold is trading at $2,043 as of this writing and has closed higher 15 out of the last 16 trading sessions. Prior to last Friday’s sell off, gold set a new all-time high the previous nine consecutive trading sessions. That’s what you call HOT! What is behind the...