Hennion & Walsh Asset Management, INC.
Assets Under Management
$590.1M
Number of Clients
861
Number of Advisors
67
Average Client AUM
$685K
AUM per Advisor
$8.8M
Compensation
Commission-BasedFee-Only (AUM)
About This Firm
Hennion & Walsh Asset Management provides investment management services primarily to individuals, offers various investment programs, and consulting services to sponsors of participant-directed retirement plans. They also serve as portfolio supervisor to affiliated unit investment trusts. Services are offered on a discretionary or non-discretionary basis.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $250K | 1.50% |
| $250K - $500K | 1.40% |
| $500K - $1.0M | 1.25% |
| $1.0M - $5.0M | 1.00% |
| $5M+ | 0.75% |
PMP Program Fees for Equity and Balanced Strategies. Program Fees may be negotiated under certain circumstances.
Fee Estimator
The firm offers several programs with different fee structures. The Portfolio Management Program (PMP) and Asset Advisor programs have fees based on asset levels, as shown in the tables. The Personalized UMA program charges an advisory fee of 2.00% plus a manager fee ranging from 0.0% to 0.50%. Minimum account sizes vary by program: generally $50,000 for PMP, $100,000 for Personalized UMA (equity and balanced strategies), and $1,000,000 for Personalized UMA (fixed income strategies). A separate financial plan is offered at no cost upon request.
Areas of Practice
Location
2001 Route 46, Waterview Plaza, Parsippany, NJ, 07054