D.M. Wealth Management provides investment advice and financial planning services. They manage investment portfolios for individuals, trusts, and other entities, tailoring their advice to each client's needs. D.M. Wealth offers both discretionary (where they make trades for you) and non-discretionary (where you approve each trade) portfolio management. They also provide financial planning services, creating written plans to help clients manage their finances and achieve their goals. D.M. Wealth may also direct clients to third party investment advisors.
Fee Structure
D.M. Wealth charges a fee based on the value of your portfolio. The standard management fee is 1.25% per year, but it can be negotiated lower. The maximum fee is 2% per year, which is assigned when there are complicating circumstances to the engagement. This fee covers both investment supervision and advice. You'll also pay transaction fees to the company that holds your account. You can choose to be a financial planning client only and manage your own investments.