Drive Wealth Advisers offers investment advice and financial planning services tailored to individual client needs. Services include portfolio management (both discretionary and non-discretionary), financial planning, pension consulting, general consulting, and family office services. They provide advice on various securities and may recommend external investment managers. The firm monitors portfolios and contacts clients regularly to review their financial situation.
Fee Structure
Drive Wealth Advisers charges an annual advisory fee of up to 2.00% of your portfolio. This fee is separate from any investment manager fees, which are paid either to Drive Wealth Advisers (if they manage the investments internally) or to an external investment manager. The advisory fee is negotiable and is based on the value of your portfolio and the complexity of your financial situation. Fees are typically deducted from your account by the custodian. If the combined fee charged by Drive Wealth Advisers and the Investment Manager exceeds 3.00% of assets under management, the fee is deemed to exceed industry norms.