Bernard Wealth Management (BWM) offers portfolio management tailored to individual client needs, translating financial goals, risk tolerance, and unique circumstances into an Investment Policy Statement (IPS). BWM also offers financial planning services on a fixed fee basis for clients who don't want ongoing portfolio management. BWM also provides investment management services to qualified retirement plans.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1M+ | 0.85% |
Schedule shown is for Equity/Growth and Balanced accounts. Fixed Income Only: 0.65% on first $1M, 0.50% above $1M. Tax-free Fixed Income Only: 0.50% on first $1M, 0.35% above $1M, 0.30% above $5M. Fees and $250,000 account minimum are negotiable. Alternatively, BWM may agree to a flat quarterly or annual fee for investment management services, ranging from $1,000 to $20,000 annually.