Cravens & Company Wealth Management
Assets Under Management
$248.4M
Number of Clients
229
Number of Advisors
2
Average Client AUM
$1.1M
AUM per Advisor
$124.2M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Cravens & Company Wealth Management offers investment advisory, private client, and family office services to high-net-worth families, executives, healthcare and legal professionals, and retirees. Services are fee-only and include financial, tax, and estate planning with customized investment management. They also provide consulting services to retirement plan sponsors.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.25% |
| $1.0M - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.75% |
| $5M+ | 0.55% |
Fees may be negotiable at our discretion.
Fee Estimator
Investment advisory fees are based on a percentage of assets under management, billed quarterly. The minimum annual fee is $10,000, but this may be waived or negotiated. Private Client and Family Office services have fixed fees starting at $10,000 and $20,000 respectively, plus variable fees based on assets managed. Financial planning services are also available on a project or hourly basis, ranging from $2,500 to $10,000 or $50 to $200+ per hour. The minimum investment is $1,000,000, but this may be waived.
Areas of Practice
Location
1080 Interstate Drive, Cookeville, TN, 38501