Evensky & Katz/foldes Wealth Management
Assets Under Management
$3.1B
Number of Clients
1,184
Number of Advisors
21
Average Client AUM
$2.6M
AUM per Advisor
$149.2M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Evensky & Katz/Foldes Wealth Management offers wealth management and investment advisory services, including financial planning, investment management, and consulting. They serve high-net-worth individuals, entrepreneurs, corporate executives, pension plans, trusts, estates, charitable organizations, and small businesses. The firm is fee-only and embraces a fiduciary standard.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $2.0M | 1.00% |
| $2.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.50% |
| $10M+ | 0.25% |
Fees may be negotiable depending upon circumstances.
Fee Estimator
The firm charges an annual fee based on a percentage of assets under management. For Wealth Management services, there is an initial engagement fee of $2,000 upon execution of the agreement and $2,000 on the delivery of the Investment Policy. This initial fee is credited against future billings if EKF is selected to implement the IPS. The minimum portfolio size for Wealth Management Services is $1,000,000, but this is negotiable under special circumstances. Consulting fees range from 0.15% to 0.35% with a minimum annual fee of $20,000. Hourly planning engagements range from $200 to $600 per hour.
Areas of Practice
Location
4000 Ponce De Leon Boulevard, Suite 850, Coral Gables, FL, 33146