Morris Financial Concepts, INC.
Assets Under Management
$469.1M
Number of Clients
296
Number of Advisors
7
Average Client AUM
$1.6M
AUM per Advisor
$67.0M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Morris Financial Concepts, Inc. is an SEC-registered investment adviser offering portfolio management services through its wrap fee program. They use model asset allocation portfolios designed to meet specific investment goals, determined through discussions with clients. Account supervision is guided by client objectives and tax considerations, managed on a discretionary basis.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $5.0M | 0.80% |
| $5.0M - $10.0M | 0.60% |
| $10M+ | 0.40% |
Fee Estimator
Clients must pay a minimum annual fee of $10,000 to participate in the Morris Financial Concepts Wrap Fee Program. The fees cover advisory services, brokerage, custodial fees, and administrative expenses. The fees do not include expenses of mutual funds and ETFs. Clients can only choose Charles Schwab & Co. Inc. or Fidelity Investments as their executing broker-dealer.
Areas of Practice
Location
409 Coleman Blvd, Ste 100, Mount Pleasant, SC, 29464-5318