Collaborative Wealth Management offers financial planning and investment management services tailored to clients' goals and risk tolerance. Planning services include tax, insurance, retirement, investment, and budgetary needs. Investment management is offered on both discretionary and non-discretionary bases. The firm also refers clients to third-party asset managers.
Fee Structure
Collaborative Wealth Management's fee for managing your investments is a percentage of the value of your portfolio. The maximum fee is 2.50% per year, but the actual fee you pay will typically range from 0.25% to 2.50% and is negotiable. The fee depends on the amount of assets managed, family relationships, professionals servicing the accounts, and the range of services provided. Fees are deducted from your account monthly or quarterly.