Highway Financial Networks
Assets Under Management
$26.3M
Number of Clients
43
Number of Advisors
N/A
Average Client AUM
$611K
AUM per Advisor
N/A
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Highway Financial Networks is a fee-based firm offering non-discretionary asset management and financial planning services. They provide ongoing portfolio management, coordinate various aspects of client finances, and offer Family Wealth Design® services. They also provide limited scope ERISA 3(21) fiduciary services to qualified retirement plans and estate planning services.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.60% |
| $1.0M - $3.0M | 1.40% |
| $3.0M - $5.0M | 1.20% |
| $5.0M - $15.0M | 1.00% |
| $15M+ | 0.80% |
Fees are charged quarterly in advance. Negotiation of fees may result in different fees being charged for similar services. Accounts within the same household may be combined for a reduced fee.
Fee Estimator
Highway Financial Networks charges fees based on a percentage of assets under management. For "insurance" accounts (Buffer, Index and Fixed Annuities, Life Insurance), the annual fee will not exceed 1.25% of the assets managed. Financial planning fees are negotiable and fixed, not exceeding $400 per hour. Family Wealth Design® services have fixed fees ranging from $700 to $20,000 depending on the complexity and selected planning phase. Benchmarking services range from $1,500 to $5,000. Estate planning services range from $1,500 to $4,000.
Areas of Practice
Location
2155 Larkspur Lane, Suite B, Redding, CA, 96002