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 $500K | 2.00% |
| $500K - $1000K | 1.75% |
| $1.0M - $2.0M | 1.50% |
| $2.0M - $5.0M | 1.25% |
| $5M+ | 1.00% |
Fees can be negotiated.
Fee Estimator
FRA Wealth Management LLC charges an annual fee based on a tiered scale of assets under management. For certain 401(k)s, 403(b)s, and 529 college savings plans, FRA Wealth Management LLC either charges a flat fee or an annual fee. A one-time review and asset allocation/investment recommendation is available for a fee of $250. Financial plans are provided at a fixed rate, with a maximum fee of $10,000. Financial review plans are provided at a fixed rate, with a maximum fee of $5,000. Fees can be negotiated.
Areas of Practice
Advisor Information
Office location
805 W. Hwy 50 Ste. B, O'Fallon, IL, 62269
Get directionsRegulatory History (4)
Customer Dispute
February 2025Civil
January 2025Customer Dispute
November 2024Civil
November 2024Other Business ActivitiesSells Insurance
Joseph is the President of Financial Resources of America, an insurance agency, since 1986, dedicating nearly full-time hours to overseeing operations and selling insurance. He is also the President of FRA Trust, LLC, an estate planning and trust representative office, since 2015, dedicating a few hours per week to overseeing operations.