Prowell Financial Management (PFM) works with closely held companies, ensuring the succession of the company by providing financial planning to each owner. PFM coordinates business issues, tax concerns, and investments. PFM acts as the main contact point and advocate for each owner, reviewing their financial circumstances, including estate plans, trusts, other assets, and investments. PFM may also evaluate insurance needs and recommend insurance products.
Fee Structure
PFM offers asset management services, typically charging a fixed fee ranging from $25,000 to $350,000 per year, based on the complexity of the account. In limited cases, PFM may charge a percentage of the assets managed, ranging from 0.00% to 0.65% annually, depending on the amount and type of assets. Fees are negotiable.