$200 per month
$6,000 per year (max)
Clients may elect to pay wealth management fees directly or have the charge deducted from investment accounts on a quarterly basis.
Our wealth management fees are not tied to the value of the client’s investment portfolio. Therefore, the fee does not increase (or decrease) as the value of the investment portfolio changes.
We feel strongly this fee structure is more equitable to our clients and helps to reduce the conflicts of the asset gathering model.
For comparison purposes, a traditional 1% asset management fee on a $500,000 investment portfolio would equate to an annual fee of $5,000.
Effective June 14, 2019, the Massachusetts Securities Division has adopted amendments to the regulations regarding disclosure obligations of investment advisers registered in Massachusetts.
The amendments include the requirement that all investment advisers registered in Massachusetts provide clients and prospective clients with a one-page, stand-alone Table of Fees for Services (“Fee Table”).
While the information included in MWB, LLC’s fee table is already primarily listed on this webpage, you can also access the PDF version of MWB, LLC’s Fee Table.