Finer Wealth Management, INC.
Assets Under Management
$249.7M
Number of Clients
267
Number of Advisors
2
Average Client AUM
$935K
AUM per Advisor
$124.8M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Finer Wealth Management provides financial planning, consulting, and discretionary investment management services. They allocate client assets among various securities and investment products. The firm tailors its advisory services to meet individual client needs and objectives, consulting with clients to assess risk tolerance and financial situations.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $2.0M | 1.50% |
| $2.0M - $5.0M | 1.00% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.60% |
Fee may be negotiable based upon certain criteria.
Fee Estimator
Finer Wealth Management charges fixed fees for financial planning and consulting, ranging from $500 to $10,000 depending on scope and complexity. Investment management and wealth management services are charged based on a percentage of assets under management, as shown in the table above. For accounts less than $500,000, the firm charges 1.50%. Fees are prorated and charged quarterly, in advance. The firm may negotiate a lesser fee based on certain criteria. Clients also incur additional charges from third parties like broker-dealers and custodians.
Areas of Practice
Location
530 Loring Avenue, Suite 302, Salem, MA, 01970