Riverbend Wealth Management provides financial planning and portfolio management services. Financial planning covers retirement, risk management, tax, and estate planning. Portfolio management is offered through a wrap fee program, where a single fee covers portfolio management, custodial services, and transaction costs. Riverbend uses internal and external asset allocation models, often selecting external managers from Fidelity’s Managed Account Xchange or Separate Account Network.
Assets Under Management$230M
Clients163
Advisors4
Avg. per Client$1.4M
Avg. per Advisor$58M
Fee Structure
Minimum Investment:$500K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.50% |
| $250K - $500K | 1.30% |
| $500K - $1.0M | 1.10% |
| $1.0M - $2.0M | 1.00% |
| $2.0M - $4.0M | 0.90% |
| $4M+ | 0.80% |
Fees are negotiable. External portfolio managers charge an additional fee of up to 0.70% of assets under management.
Fee Estimator
Your Portfolio Value
$500K
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Estimated Annual Fee
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