Firm Information
Compensation
Fee-Only (AUM)Fixed/HourlyFirm Size
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 $1.5M | 1.00% |
| $1.5M - $3.0M | 0.80% |
| $3.0M - $5.0M | 0.60% |
| $5.0M - $7.0M | 0.55% |
| $7M+ | 0.45% |
The minimum fee may be negotiable under certain circumstances. Certain pre-existing investment management services clients may be on a different fee schedule.
Fee Estimator
Investment management fees are based on a percentage of assets under management. For financial planning, fees range from $2,500 to $50,000 as a fixed fee, or $300 per hour in limited circumstances. Specialized consulting services range from $30,000 to $100,000. A minimum annual fee of $15,000 applies to investment management services, but may be negotiable. Legacy clients may be on different fee schedules.
Areas of Practice
Advisor Information
Office location
389 Interpace Parkway, Suite 3, Parsippany, NJ, 07054
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Jill C. HennesseyRegulatory 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 →Employment History
Current Registrations
Sax Wealth Advisors, LLC
Previous Registrations
Drumlin Financial Advisory
State Registrations2 states
Exams
Additional Information
Jill Hennessey received a BS in Biology from Tufts University and a Master’s degree from the University of Pittsburgh and, prior to becoming a Financial Planner, worked for many years as a genetic counselor and in various positions in the biotechnology industry. Jill chose to change careers in 2006 when her son was born and sought a profession that allowed her to use her counseling skills and her love of statistics. After much consideration, and to her surprise, she realized that financial planning was the right fit. She started Drumlin Financial Advisory in 2010 and chose to specialize in working with science and technology professionals with whom she shares a similar academic background.In her spare time Jill enjoys spending time with family and friends, reading mysteries, watching the latest Star Trek series and training her Russell Terrier, Teddy, in scent work and obedience.Contact me today to explore howmy holistic approachand evidence-based investment strategy canhelp youdefine your goals, set your path, and stay on track toward your long-term financial vision.