Hillcrest Wealth Advisors - Ny, LLC
Assets Under Management
$355.4M
Number of Clients
64
Number of Advisors
1
Average Client AUM
$5.6M
AUM per Advisor
$355.4M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
HCWA offers discretionary investment management, using mutual funds, ETFs, and separate account managers through Charles Schwab Institutional. They provide semi-annual portfolio reports and financial planning services, including insurance, estate, retirement, and education planning, on a fixed or hourly fee basis. The firm requires clients to grant discretionary authority to manage their accounts.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $3.0M | 1.00% |
| $3.0M - $9.0M | 0.80% |
| $9.0M - $15.0M | 0.60% |
| $15M+ | 0.60% |
Fees negotiable above $15,000,000
Fee Estimator
For investment management, fees are based on assets under management, ranging from 1.00% on the first $3 million to negotiable rates above $15 million. Laddered bond portfolios and held-away investment consultations are charged 0.30% on the first $5 million, decreasing to 0.20% above $10 million. Financial planning is offered at $500-$600 per hour or a fixed annual fee of $7,500 to $10,000, depending on complexity. The firm has a net investable asset minimum of $2,000,000, which may be waived. Fees are negotiable under certain conditions. Clients are also responsible for brokerage commissions and other related costs.
Areas of Practice
Location
100 Village Court, Suite 202, Hazlet, NJ, 07730