Mission Wealth Management, LP
Assets Under Management
$10.0B
Number of Clients
3,632
Number of Advisors
109
Average Client AUM
$2.8M
AUM per Advisor
$92.0M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Mission Wealth Management offers personalized portfolio management, wealth management, and financial planning & consulting services. They provide a “total picture” advice solution encompassing Wealth, Risk, Tax, Trust & Estate, Legacy, Philanthropy and Investment planning primarily to high-net-worth individuals and families, as well as non-profits, endowments, foundations, and pensions.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5.0M - $15.0M | 0.85% |
| $15.0M - $25.0M | 0.75% |
| $25M+ | 0.50% |
The total minimum annual fee is $10,000. MWM’s maximum annual cumulative Investment Management fee is 1.50%. MWM may have legacy agreements in place via mergers with other firms with fee and service schedules that are different.
Fee Estimator
For wealth management, fees are based on a percentage of assets managed (see table). The total minimum annual fee is $10,000, payable quarterly. The maximum annual cumulative Investment Management fee is 1.50%. Emerging Wealth clients with managed assets under $500,000 will be assessed a $425 flat fee per month. Once assets exceed $500,000, they revert to the standard fee schedule. Financial planning services may be charged on a flat fee basis, determined on a case-by-case basis.
Areas of Practice
Location
1111 Chapala Street, 3rd Floor, Santa Barbara, CA, 93101
