Northwest Financial Advisors (NWFA) helps clients plan and manage their investments, typically by creating a target asset allocation and implementing it within an advisory program account. NWFA assigns clients to an investment advisor representative (IAR) who considers the client’s time horizon, risk tolerance, and cash flow needs when designing an investment portfolio. NWFA generally provides advisory services through programs custodied and/or sponsored by LPL Financial LLC.
Fee Structure
NWFA offers several investment management programs, including Strategic Wealth Management (SWM), Optimum Market Portfolios (OMP), Model Wealth Portfolios (MWP), Manager Access Select, and Guided Wealth Portfolios (GWP). The fees for SWM, MWP, OMP and Manager Access Select are negotiable, with a maximum annual advisory fee of 2.00%. GWP clients pay an LPL program fee of 0.35% and an NWFA advisory fee of up to 1.00%. GWP accounts under $10,000 also incur a $20 annual small account fee payable to LPL. Fees are charged quarterly in advance.