Comprehensive Wealth Management
Comprehensive Wealth Management (CWM) manages investments and provides financial planning. CWM manages assets on a discretionary basis, buying and selling investments without needing your approval for each transaction. CWM also provides financial planning services, which may include a personal balance sheet and projections. CWM may also provide advice on topics not involving securities. CWM requires clients to provide information about their investment goals, time horizon, and risk tolerance.
Fee Structure
CWM's annual advisory fee is a percentage of the value of your portfolio, covering financial planning, investment management, and ongoing monitoring. The fee generally ranges from 0.5% to 2% of the value of your portfolio. CWM requires a minimum quarterly fee of $2,750, which may be reduced or waived. If you have multiple accounts, they are combined to calculate the fee. CWM may recommend Direct Indexing, which has a 0.15% fee charged by a sub-advisor, in addition to CWM's fees.