Castle Wealth Management
Assets Under Management
$371.9M
Number of Clients
247
Number of Advisors
5
Average Client AUM
$1.5M
AUM per Advisor
$74.4M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Castle Wealth Management offers customized wealth management and financial planning services to high-net-worth families, individuals, businesses, trusts, and charitable entities. They develop financial plans and investment policy statements tailored to each client's needs and objectives. Portfolios may include equities, bonds, mutual funds, ETFs, alternative investments, and accounts managed by third-party managers.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $10.0M | 1.00% |
| $10.0M - $20.0M | 0.50% |
| $20M+ | 0.25% |
Fees and account minimums may be negotiable in certain circumstances.
Fee Estimator
The annual fee for portfolio management is based on a percentage of assets under management, according to a sliding scale (see table). There is a minimum annual fee of $2,000. For 529 accounts custodied at iShares, a flat fee of 0.40% is charged. Accounts custodied at Schwab that are only cash or money market funds are charged a flat 0.25%. Consulting fees range from $2,500 and up as a fixed fee or $100 to $450 per hour.
Areas of Practice
Location
1880 N Congress Ave, Suite 302, Boynton Beach, FL, 33426