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 $250K | 1.00% |
| $250K - $500K | 0.90% |
| $500K - $1.0M | 0.80% |
| $1.0M - $2.0M | 0.70% |
| $2M+ | 0.70% |
Fees above $2,000,000 are negotiable.
Fee Estimator
Wela charges an annual asset management fee, not based on capital gains. Fees are calculated quarterly based on the market value of assets. For direct clients, fees range from 1.00% on the first $250,000 to 0.70% for assets between $1,000,000 and $2,000,000. Fees above $2,000,000 are negotiable. The fee schedule is applied based on the household billed account balance. Wela also provides model portfolios to other advisors, charging them up to 0.30% annually. For retirement plan clients, Wela receives an annual fee of 0.30% of total plan assets allocated to Wela models.
Areas of Practice
Advisor Information
Office location
703 Green Valley Rd, Suite 201, Greensboro, NC, 27408
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 →