J.W. Cole Advisors (JWCA) is a registered investment advisor that works with a network of independent advisors across the U.S. These advisors offer services like financial planning and investment management. JWCA's advisors can manage your investments directly or use third-party managers. Many advisors are also registered representatives of J.W. Cole Financial, a related brokerage firm, and may sell insurance products, creating potential conflicts of interest.
Fee Structure
J.W. Cole Advisors' investment management fees are based on a tiered schedule, meaning the percentage you pay decreases as your portfolio grows. The exact fee can be negotiated and may be a flat rate instead of tiered. The maximum fee is generally 3.00% and the minimum is 0.25%. There is also a program fee charged, which covers services provided by JWCA and the custodian of your account. You'll pay these fees quarterly, regardless of how many trades are made. Some advisors may or may not pay transaction costs.