transparent fees
marrick wealth advisors are fee-only financial advisors that do not receive commissions. 100% of our revenue comes from our clients. The fee-only distinction is important because it eliminates the conflict of interest tied to selling the products of financial companies. The fee-only compensation model is consistent with our fiduciary responsibility to act in the best interests of our clients at all times.
investment & wealth management
Investment Services and Wealth Management fees are based on the market value of assets under management at the end of the quarter according to the following schedule:
- assets under management (AUM)
- cumulative AUM
- annual fees
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assets under management (AUM)first $2,000,000
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cumulative AUM$0 – $2MM
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annual fees1.00%
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assets under management (AUM)next $3,000,000
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cumulative AUM$2 – $5MM
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annual fees0.75%
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assets under management (AUM)next $5,000,000
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cumulative AUM$5 – $10MM
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annual fees0.60%
Excluded tax and financial planning services are available at hourly rates and typically cost $3,000 – $5,000 per engagement.
private client
Fees are based on the market value of AUM at the end of the quarter according to the following schedule:
- assets under management (AUM)
- cumulative AUM
- annual fees
-
assets under management (AUM)first $5,000,000
-
cumulative AUM$0 – $5MM
-
annual fees0.75%
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assets under management (AUM)next $5,000,000
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cumulative AUM$5 – $10MM
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annual fees0.60%
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assets under management (AUM)over $10,000,000
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cumulative AUM$10MM+
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annual fees0.50%
hourly services
Tax and financial planning services are offered to clients on an hourly basis. Applicable rates are as follows:
- personnel
- hourly rate
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personnelpartner
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hourly rate$475
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personneladvisor
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hourly rate$400
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personnelanalyst/admin
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hourly rate$175