Beacon Financial Strategies CORP.
Assets Under Management
$277.1M
Number of Clients
137
Number of Advisors
4
Average Client AUM
$2.0M
AUM per Advisor
$69.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Beacon Financial Strategies provides net worth management, investment management, tax preparation, and corporate sponsored retirement plan consulting. They primarily use no-load mutual funds and ETFs. Services are tailored to each client's needs, with clients able to impose restrictions on investments.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2M+ | 0.80% |
Fee Estimator
Beacon Financial Strategies charges fees based on a percentage of assets under management, fixed fees, project-related fees, and hourly fees ($400/hour). For investment management, fees are tiered, billed quarterly, and based on portfolio value. There's a $1,875 minimum quarterly fee for investment management. For Net Worth Management, fees are quoted upfront, fixed for one year, and based on 'assets at work,' starting at 1% and tiered on asset levels exceeding $2 million. There is a minimum quarterly fee of $2,500 for Net Worth Management. Tax preparation is an add-on service for Net Worth Management clients, with the cost dependent on the complexity of the return.
Areas of Practice
Location
7100 Six Forks Road, Suite 135, Raleigh, NC, 27615