Ofm Wealth
Assets Under Management
$310.5M
Number of Clients
227
Number of Advisors
N/A
Average Client AUM
$1.4M
AUM per Advisor
N/A
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
OFM Wealth offers financial planning and investment advisory services, including risk tolerance assessment, asset allocation, income management, retirement planning, tax planning, cash flow analysis, estate analysis, education funding, and retirement plan consulting. They provide both discretionary and non-discretionary asset management, and may recommend independent investment managers. OFM tailors services to individual client needs and allows investment restrictions.
Fee Structure
AUM-Based Fees (Flat)
| Assets Under Management | Annual Fee |
|---|---|
| $0+ | 1.35% |
Annual fees range from 0.50% to 1.35% of household assets under management. Fees, account minimums and payment terms are negotiable.
Fee Estimator
OFM Wealth charges hourly rates for initial financial planning, ranging from $200 to $400 per hour. Ongoing financial planning and investment advisory services are charged as an annual fee ranging from 0.50% to 1.35% of household assets under management, prorated and paid quarterly in advance. Fees, account minimums, and payment terms are negotiable based on the client's situation. OFM accepts minimum household accounts totaling $500,000, with exceptions for children of clients, retirement plan participants, and referrals.
Areas of Practice
Location
Winterset Office Park, 10709 West 159th Street, Orland Park, IL, 60467