Cabot Wealth Management
Assets Under Management
$1.1B
Number of Clients
650
Number of Advisors
7
Average Client AUM
$1.6M
AUM per Advisor
$151.5M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Cabot Wealth Management Inc. offers portfolio management and wealth management services, including estate plan reviews, tax planning and preparation, and financial planning. Portfolios are structured based on individual client needs, risk tolerance, and goals, using a combination of stocks, bonds, mutual funds, and ETFs. They may recommend third-party managers. CWMI also offers different levels of financial planning and consulting services.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.25% |
| $1.0M - $2.5M | 1.00% |
| $2.5M - $5.0M | 0.85% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.75% |
Fees are negotiable for accounts over $10,000,000.
Fee Estimator
The annual advisory fee is based on the amount of assets managed, as outlined in the provided fee schedule. Fees are subject to negotiation and may be adjusted based on the depth and complexity of services offered. For example, bond or ETF portfolios may be charged a lower fee than portfolios consisting of individual equity securities. Clients using CWMI’s tax preparation service may pay a higher fee than those not using the service. Some clients may have a fee schedule that predates the current fee schedule and as a result will pay CWMI a higher or lower fee than reflected on this schedule. CWMI reserves the right to charge a flat, non-adjustable fee that does not change based on assets under management for the client.
Areas of Practice
Location
216 Essex Street, Salem, MA, 01970