Godsey & Gibb Wealth Management
Assets Under Management
$1.4B
Number of Clients
807
Number of Advisors
13
Average Client AUM
$1.7M
AUM per Advisor
$107.4M
Compensation
Fee-Only (AUM)
About This Firm
Godsey & Gibb Wealth Management offers individual portfolio management based on client objectives, financial planning services under two models (Wealth Accumulation and Wealth Preservation & Distribution), and tax preparation services. They also provide general financial education via newsletters and webinars.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.75% |
| $2M+ | 0.50% |
Minimum account size of $500,000 and annual fee of $5,000 are negotiable.
Fee Estimator
For investment management, you'll pay an annual fee based on your portfolio size (see rates in table). The minimum account size is $500,000, and the minimum annual fee is $5,000, both of which are negotiable. Financial planning fees range from $3,600 to $10,000 annually under the Wealth Accumulation Model and $1,500 to $6,000 annually under the Wealth Preservation & Distribution Model. Tax preparation fees are $200 per hour, with an $800 minimum per tax return. All fees are negotiable.
Areas of Practice
Location
6806 Paragon Pl, Ste 230, Richmond, VA, 23230