advisory fees

fee-only financial advisors explained

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. Our fees are calculated according to services provided:

wealth management

For Clients with more than $2,000,000 in assets under management (AUM), we offer our comprehensive wealth management service, which combines financial planning and investment management for a single fee. 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
  • assets under management (AUM)
    first $2,000,000
  • cumulative AUM
    $0 – $2MM
  • annual fees
    1.00%
  • assets under management (AUM)
    next $3,000,000
  • cumulative AUM
    $2 – $5MM
  • annual fees
    0.75%
  • assets under management (AUM)
    next $5,000,000
  • cumulative AUM
    $5 – $10MM
  • annual fees
    0.60%
  • assets under management (AUM)
    over $10,000,000
  • cumulative AUM
    $10MM+
  • annual fees
    0.50%
 
Investment management and financial planning are also offered as standalone services for clients who do not require our comprehensive wealth management service.
 

investment management

Investment management 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 $2,000,000
  • cumulative AUM
    $0 – $2MM
  • annual fees
    1.00%
  • assets under management (AUM)
    next $3,000,000
  • cumulative AUM
    $2 – $5MM
  • annual fees
    0.75%
  • assets under management (AUM)
    next $5,000,000
  • cumulative AUM
    $5 – $10MM
  • annual fees
    0.60%
  • assets under management (AUM)
    over $10,000,000
  • cumulative AUM
    $10MM+
  • annual fees
    0.50%
 

financial planning

Financial planning is offered to clients on an hourly basis. Applicable rates are as follows:
  • personnel
  • hourly rate
  • personnel
    partner
  • hourly rate
    $400
  • staff/admin
  •  $100-200