Wilbanks, Smith & Thomas Asset Management, LLC
Assets Under Management
N/A
Number of Clients
Not reported
Number of Advisors
N/A
Average Client AUM
N/A
AUM per Advisor
N/A
Compensation
N/A
About This Firm
Wilbanks, Smith & Thomas Asset Management, LLC (WST) provides investment services for individuals, pension and profit sharing plans, corporations, Taft Hartley organizations, municipalities, bank trust departments, trust companies, insurance companies, foundations and endowments. WST also offers advisory services through a platform of investment strategies that focus on improving risk-adjusted return through rules-based, risk-managed investment frameworks.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.50% |
Fees may be negotiable depending upon circumstances.
Fee Estimator
WST is compensated for its investment advisory services by charging a management fee based on the market value of the assets under management. The fee schedule is 1.00% on the first $5 million, .75% on the next $5 million, and .50% above $10 million. Fees are typically billed quarterly in arrears. The amount of your fee may be negotiable depending upon circumstances. The minimum account size is generally $1,000,000, although this may be waived.
Areas of Practice
Location
150 West Main Street, Ste 1700, Norfolk, VA, 23510