Destination Wealth Management
Assets Under Management
$4.1B
Number of Clients
2,190
Number of Advisors
39
Average Client AUM
$1.9M
AUM per Advisor
$106.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Destination Wealth Management offers investment management services, including portfolio strategy, asset allocation, and ongoing monitoring. They also provide financial planning services such as net worth analysis, cash flow projections, and retirement planning. For clients with over $5,000,000 in assets, they offer estate planning and tax services through strategic partners.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.15% |
| $500K - $1.0M | 0.98% |
| $1.0M - $2.0M | 0.93% |
| $2.0M - $3.0M | 0.88% |
| $3.0M - $4.0M | 0.83% |
| $4.0M - $5.0M | 0.78% |
| $5.0M - $10.0M | 0.75% |
| $10.0M - $15.0M | 0.70% |
| $15.0M - $20.0M | 0.65% |
| $20M+ | 0.60% |
Fees are negotiable at the sole discretion of the Adviser.
Fee Estimator
Investment management fees are based on a percentage of your assets under management, using a tiered rate schedule. For example, a client with $1,000,000 in AUM would pay $2,626.03 for the first quarter of the year. Once a household reaches $5,000,000.01 in managed assets, a flat rate fee schedule applies. The firm typically requires a minimum portfolio size of $500,000. Financial planning services are offered at $250 per hour (6-hour minimum) or a flat fee (minimum $1,500). Fees are negotiable. Clients also pay brokerage commissions and other related costs.
Areas of Practice
Location
1255 Treat Boulevard, Suite 900, Walnut Creek, CA, 94597