Fairbanks Financial Wealth Management
Assets Under Management
$73.0M
Number of Clients
20
Number of Advisors
4
Average Client AUM
$3.6M
AUM per Advisor
$18.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Fairbanks Financial Wealth Management provides investment advice and management as part of its financial planning services. They analyze client financial circumstances, assess risk tolerance, and develop financial and investment objectives. Clients are assisted in selecting portfolio managers via mutual funds or separately managed accounts. They also offer financial advisory and planning services, including tax and estate tax minimization, and assistance with insurance and retirement plans.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $4.0M | 0.80% |
| $4.0M - $5.0M | 0.70% |
| $5.0M - $10.0M | 0.60% |
| $10.0M - $20.0M | 0.40% |
| $20.0M - $30.0M | 0.30% |
| $30M+ | 0.30% |
Fees negotiable for accounts over $30,000,000.
Fee Estimator
Investment advisory fees are based on a percentage of assets under advisement, billed quarterly. For example, a $1 million portfolio would incur a $10,000 annual fee. Minimum quarterly fee is $2,000. Fees are negotiable and may vary. Hourly fees for investment advisory services do not exceed $310/hour. Financial planning fees are also based on hourly rates not exceeding $310/hour, with an initial retainer of $2,500 or more. Fixed fees for specified services may be charged, with one half payable in advance.
Areas of Practice
Location
TX, United States
