Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Financial planning and consulting fees are either fixed per project, ranging from $10,000 to $500,000, or hourly, ranging from $195 to $425 per hour. The firm also recommends partnership interests in closed-end private equity funds, where investors generally pay a 10% profit participation after a return of contributed capital and a preferred return, plus an operations fee related to fund expenses. Investment management fees vary depending on the size and complexity of a client’s account and generally range from 0.50% to 2% per year.
Areas of Practice
Advisor Information
Office location
111 E. Merrill Street, Suite 400, Birmingham, MI, 48009
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No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Bernard is a board member and investment committee chair for the Detroit Historical Society, a trustee and investment committee member for the Zekelman Holocaust Center, and an investment committee member for the Detroit Symphony Orchestra, the D Dan and Betty Kahn Foundation, and the Jewish Foundation of Metro Detroit. He is also an independent contractor insurance salesperson for Schechter Wealth.