Portfolio management fees are asset-based and vary by program, typically around 2% annually for GPS programs, but this can vary. There's usually a minimum quarterly fee of $62.50. Some clients pay a one-time 2.5% financial planning fee, which may be reduced or waived. Financial planning fees are negotiated, with a minimum quarterly fee of $250-$1,000. Consulting fees are hourly, not exceeding $450/hour. Clients also pay brokerage, custodial, and fund expenses.
11440 Jog Road, Palm Beach Gardens, FL, 33418
Get directionsAndrew is the owner of Panyik Financial, LLC, which operates as Money Concepts Wealth Management & Financial Planning Centre. He dedicates all of his time during securities hours to this investment-related activity.