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 $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.
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Learn about disclosures →Other Business Activities
Richard is a shareholder and President of Anterian Holdings, Ltd., a holding company that receives income from units of Wescott Financial Advisory Group. He also owns Evergreen Homestead 1816, LLC, a rental real estate company, dedicating a few hours per week to landlord responsibilities.