Centura Wealth Advisory provides financial planning, consulting, and investment management services to individuals, families, retirement plans, trusts, estates, charitable organizations, corporations, and business entities. Centura manages client investment portfolios, primarily allocating assets among mutual funds, exchange-traded funds, alternative investments, and a limited amount of equity and fixed income securities. Centura also selects independent managers to manage a portion of client assets.
Fee Structure
Centura Wealth Advisory offers investment management services for an annual fee based on the amount of assets managed. This fee can be up to 1.25%. The annual fee is calculated quarterly based on the market value of the assets. For certain client holdings, Centura may negotiate a different fee rate. Assets on the SEI platform that do not utilize investment strategies through SEI Sponsored Programs will be charged Centura's investment advisory fee, as well as a SEI platform fee of 0.05%, collected quarterly.