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 $2.0M | 1.25% |
| $2.0M - $5.0M | 1.00% |
| $5.0M - $7.0M | 0.75% |
| $7M+ | 0.50% |
A minimum of $2,000,000 of assets under management is required for the Wealth Management Program. This minimum account size may be negotiable under certain circumstances, but may still be subject to a $25,000 minimum fee.
Fee Estimator
The Wealth Management Program has a tiered fee schedule based on assets under management. The Entrada® Management Program has a 1.0% annual fee. The Entrada® Management Program (MRK PBW) is 1.00% of assets under management, plus an annual financial planning retainer of $1,200, with a $3,500 minimum annual fee. The Initial Wealth Management Plan (MRK Powered by Wescott) ranges from $7,500 to $15,000. Financial consulting services are billed hourly at $150 - $750 per hour. The minimum annual fee for Family Office Solution Services is $50,000.
Areas of Practice
Advisor Information
Office location
30 South 17th Street, Philadelphia, PA, 19103-4196
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
Charles owns rental property and is a board member of the Ardmore Business Association, dedicating minimal time to each. Charles is also an independent licensed insurance agent selling life, accident, and health insurance.