Wealth Enhancement Advisory Services, LLC
Assets Under Management
$94.6B
Number of Clients
70,834
Number of Advisors
833
Average Client AUM
$1.3M
AUM per Advisor
$113.6M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Wealth Enhancement Advisory Services (WEAS) provides asset management through wrap-fee programs, financial planning, consulting, and referrals to third-party managers. WEAS evaluates client investment positions and recommends investments based on objectives, risk tolerance, and financial circumstances. They monitor portfolios and execute transactions, connecting with clients annually to discuss performance and updates.
Fee Structure
WEAS charges fees that may vary but will not exceed 2% per year of assets under management. Clients may also pay fees to separate managed account investment managers, potentially exceeding 2% in total. Fees are negotiable and depend on service complexity. WEAS may waive or discount fees for employees/relatives. Clients may pay transaction fees to broker-dealers. Platform fees apply when utilizing Fidelity Managed Account Xchange® (FMAX).
Areas of Practice
Location
505 N Highway 169, Suite 900, Plymouth, MN, 55441
