Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $100K | 1.80% |
| $100K - $250K | 1.68% |
| $250K - $500K | 1.55% |
| $500K - $1000K | 1.43% |
| $1.0M - $2.0M | 1.30% |
| $2.0M - $3.0M | 1.18% |
| $3.0M - $4.0M | 1.05% |
| $4.0M - $5.0M | 0.93% |
| $5.0M - $7.5M | 0.80% |
| $7.5M - $10.0M | 0.68% |
| $10.0M - $12.5M | 0.55% |
| $12.5M - $15.0M | 0.42% |
| $15M+ | 0.30% |
CWMS and the client may choose to negotiate an annual advisory fee that varies from the ranges and schedules set forth above.
Fee Estimator
Financial planning fees are fixed, ranging up to $25,000 depending on complexity. Some clients may be subject to hourly fees up to $400. Investment management fees are based on a percentage of assets under management, as detailed in the fee schedule. Fees are incremental, meaning they are charged on a "waterfall" basis. CWMS and the client may negotiate a different annual advisory fee. There is no minimum portfolio size or minimum initial investment to open an account.
Areas of Practice
Advisor Information
Office location
2160 Country Club Road, Winston Salem, NC, 27104
Get directionsRegulatory History
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
Carol works as a registered representative for a broker-dealer, monitoring investment portfolios for clients, dedicating a few hours per week. She also owns PrepperLifeLLC, selling retail products (minimal time), and has an ownership stake in rental real estate (a few hours per week). Additionally, Carol places insurance, LTC, and FIA/FA annuity business with Simplicity Group and works for Cannon Wealth Management about half her time.