Fees
ABW provides services on a fee-only basis, which means we do not receive compensation from any financial institution based on the purchase or sale of a financial product. OnTrack services are generally available to clients with household investments of less than $500,000.
Designed with flexibility in mind, OnTrack offers investment management, investment consulting and financial planning services. You can pick and choose which of these services to receive.
As described below, each service has a different kind of fee. We invite you to review our Services so the fees below will make more sense. Don't worry if you find all the fees a little confusing--we'll be glad to answer any questions.
Asset-based Fees for Investment Management Services
Investment Assets
|
Annual Fee (%)
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On the first $250,000
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1.25%
|
On the next $750,000
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1.00%
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On the next $2,000,000
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0.85%
|
On the next $2,000,000
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0.65%
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On the next $5,000,000
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0.50%
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On amounts above $10,000,000
|
0.35%
|
Investment Management Fees are payable quarterly and are deducted from your investment account(s).
We will charge a one-time $200 investment planning fee for investment management services if your initial portfolio is less than $50,000. This one-time fee will be waived if you select any of our initial financial planning services.
Hourly Fees for Investment Consulting Services
Financial Planning Fees
Because OnTrack offers flexibility, there are a variety of financial planning fees depending on the services you select. To start you'll choose between a comprehensive or modular approach. After that, you'll choose between a continuous/proactive or as-needed/reactive approach. Don't let the options keep you from taking action--we'll be happy to help you decide.
We've provided an overview of financial planning fees below. Our Client Service Agreement and Disclosure Brochure contain more details.
Fixed Fees for the Initial Financial Planning Engagement
Option 1: Comprehensive Financial Planning | |
*Low Complexity Advice Needs:
|
$1,500
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*Medium Complexity Advice Needs:
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$3,500
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Option 2: Limited Scope Financial Planning
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$800
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Option 3: Ad Hoc Financial Planning Consultation
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$400
|
Fixed Fees and Hourly Fees for Ongoing Financial Planning Services
Option 1: Bundled Ongoing (Proactive) Financial Planning Services | |
Low Complexity Advice Needs:
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$150 quarterly or $50 monthly
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Medium Complexity Advice Needs:
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$300 quarterly or $100 monthly
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Option 2: Ala carte, As-Requested Ongoing Financial Planning Services
|
|
Comprehensive Financial Planning Review Meeting:
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$600
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Financial Planning Review Meeting:
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$300
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Ad Hoc Financial Planning Advice:
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$150 per hour
|