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.
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Each month we take a look at some notable payout changes by some of the dividend stocks followed by the Joule Financial Dividend Growth Model. Below are the standouts from the month of October. Eaton Vance (EV) Raised By: 12.9% New Dividend: $0.35/qtr Eaton Vance is...
Risk Defined When talking about risk, investors commonly use the idea of risk and volatility interchangeably. However, this might not be the best idea. Traditionally, volatility is understood as the positive and negative moves in an investor's portfolio. In contrast,...
In the event your not on our e-mail list, below is our recent commentary sent out on 10.28.18. >>>>>>>>>>>>> There isn’t much to be said that I haven’t already written about or talked about on television. The market...