Wela Financial Advisory
Assets Under Management
$525.9M
Number of Clients
489
Number of Advisors
4
Average Client AUM
$1.1M
AUM per Advisor
$131.5M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Wela Financial Advisory offers investment management and financial planning services. They work with clients to build, manage, and preserve wealth. Services include investment analysis, asset allocation, and ongoing portfolio monitoring. Financial planning covers areas like retirement, tax, and estate planning. A minimum of $300,000 is required to open and maintain an individual account, but this may be waived.
Fee Structure
Wela charges a fee for investment management services, including advice, consulting, and trade entry. The specific fees are set forth in the Investment Advisory Agreement and shall not exceed 1% annually. Fees are billed monthly in advance based on the market value of assets. Financial planning membership fees range from $1,000 to $10,000 annually, billed semi-annually, quarterly, or monthly. Hourly consulting is available at $250/hour. A minimum of $300,000 is required to open and maintain an individual account, but this may be waived.
Areas of Practice
Location
366 W Sunset Rd, Building 4, San Antonio, TX, 78209