Washington Trust Advisors
Assets Under Management
$2.0B
Number of Clients
542
Number of Advisors
12
Average Client AUM
$3.7M
AUM per Advisor
$166.6M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Washington Trust Advisors offers wealth management, financial planning, individual portfolio management, model portfolios, and third-party money manager selection. They tailor financial plans to individual needs, considering financial status, tax status, and investment objectives. Tax planning and preparation are offered for legacy clients.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.5M | 0.90% |
| $1.5M - $3.0M | 0.75% |
| $3.0M - $10.0M | 0.65% |
| $10.0M - $20.0M | 0.40% |
| $20M+ | 0.30% |
Minimum annual fee: $7,500. Minimum relationship size of $1,500,000 may be negotiable.
Fee Estimator
The standard investment management fee is based on a percentage of your assets under management. For example, the annual fee is 0.90% on the first $1,500,000 of assets. The minimum annual fee is $7,500, and a minimum of $1,500,000 of assets under management is required to open a portfolio management relationship, though this is negotiable. Financial planning services are included in the investment management fee. Fees are billed quarterly in arrears.
Areas of Practice
Location
20 William St, Suite 135, Wellesley, MA, 02481