Wescott Financial Advisory Group LLC
Assets Under Management
$3.7B
Number of Clients
777
Number of Advisors
24
Average Client AUM
$4.8M
AUM per Advisor
$155.2M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Wescott Financial Advisory Group offers ongoing financial planning and investment advice based on individual client needs. They develop personal Investment Policy Statements, considering objectives, time horizons, risk tolerance, and liquidity needs. Services include wealth management, financial planning, pension consulting, and family office solutions.
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% |
Minimum account size may be negotiable under certain circumstances, but may still be subject to a $25,000 minimum fee.
Fee Estimator
Wescott charges fees based on a percentage of your assets under management. The Wealth Management Program has tiered rates (see table). The Entrada® Management Program charges 1.0% of assets. The Initial Wealth Management Plan has a fixed fee of $7,500 - $15,000. Financial consulting is billed hourly at $150 - $750 per hour. Family Office Solution Services have a $50,000 minimum annual fee. A minimum of $2,000,000 of assets under management is required for the Wealth Management Program and Pension Consulting Services, while the Entrada® Management Program requires $500,000. These minimums may be negotiable, but may still be subject to a minimum fee.
Areas of Practice
Location
30 South 17th Street, Philadelphia, PA, 19103-4196
