Fees for portfolio management are charged as a percentage of assets under management. For assets between $50,000 and $250,000, the fee ranges from 1.00% to 2.00%. For assets between $250,000 and $1,000,000, the fee ranges from 0.65% to 2.00%. Fees for assets over $1,000,000 are negotiable. If a third-party advisor is selected, their fee schedule will apply. Management fees are generally deducted from client accounts at the end of each calendar quarter, but clients can elect to be billed directly. Fees may be negotiable under certain circumstances. Hourly charges are not to exceed $250.00 per hour, or fees exceeding 2% of assets annually. WCSI generally requires accounts have a minimum of $50,000 when opened, however the minimum may be waived in certain circumstances.
San Antonio, TX
Get directionsJiexiong is a health insurance agent for Humana Health Insurance and a sales agent for Benefits Mall, selling health insurance and medicare. He is also an associate with Life Marketers, providing life insurance and fixed annuities, dedicating a few hours per week. Additionally, Jiexiong is the President of JMW Technologies, Inc., managing business accounts for minimal time.