Eliot Simon is a CFP-designated registered investment advisor at Evermay Wealth Management, LLC, based in Arlington, VA, with 9 years of industry experience. Eliot operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 525 clients with $1.2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Evermay Wealth charges an annual advisory fee based on the market value of your investments. The fee is prorated and paid quarterly in advance. There are three standard fee schedules based on the advisory service level selected: Family Office, Integrated, and Guided.
Family Office:
- First $5M: 1.15%
- $5,000,001 - $10,000,000: 0.75%
- $10,000,001 - $25,000,000: 0.65%
- $25,000,001 - $50,000,000: 0.55%
- $50,000,001+: 0.45%
Integrated:
- First $5M: 1.00%
- $5,000,001 - $10,000,000: 0.60%
- $10,000,001 - $25,000,000: 0.50%
- $25,000,001 - $50,000,000: 0.40%
- $50,000,001+: 0.30%
Guided:
- First $1,000,000: 1.30%
- $1,000,001 - $1,999,999: 1.00%
- Minimum Fee: $4,000
Evermay Wealth generally requires a $2,000,000 minimum billable asset level for Family Office and Integrated advisory service offerings. However, depending on certain circumstances, Evermay Wealth, in its sole discretion, accepts clients with a lower billable asset level in its Guided service offering.
Contact
Eliot Simon
Location
3901 Fairfax Drive, Suite 400, Arlington, VA, 22203
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Learn about disclosures →Employment History
Current Registrations
Evermay Wealth Management, LLC
Previous Registrations
Garnet Group LLC
Garnet Group LLC
State Registrations1 state
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