IAM Financial provides financial planning and wealth management services, aiming to integrate tax, investment, and financial planning advice. Wealth management is generally for clients with over $1,000,000 of assets. Services begin with financial planning to understand the client's situation. IAM Financial offers retirement/goal plans, investment plans, tax analysis, insurance analysis, estate reviews, and cash management plans. Following the financial plan, wealth management clients receive meetings, portfolio reviews, tax preparation, and financial plan reviews.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $10.0M | 0.50% |
| $10M+ | 0.25% |
Fees are negotiable. There is a minimum annual fee of $15,000 for Wealth Management (which is $3,750, billed quarterly and in advance). The minimum level of advised-upon assets to qualify for the advisory fee schedule is $2,000,000.