Parkworth Wealth Management, INC.
Assets Under Management
$178.8M
Number of Clients
86
Number of Advisors
N/A
Average Client AUM
$2.1M
AUM per Advisor
N/A
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Parkworth Wealth Management provides financial planning, investment management, tax planning, and equity compensation planning to families and individuals. They offer a holistic approach, integrating investment strategy, tax planning, cash flow, and estate planning. They are a fee-only firm and act as a fiduciary.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $3.0M | 0.85% |
| $3.0M - $5.0M | 0.70% |
| $5.0M - $10.0M | 0.55% |
| $10M+ | 0.50% |
Advised assets (e.g., 401(k), 403(b) and 457 accounts) are subject to a fee of 0.50%. All fees are negotiable.
Fee Estimator
The firm charges an annual retainer fee based on a percentage of your investment portfolio's market value. For advised assets like 401(k)s, a 0.50% fee applies. There's also an initial financial planning fee, generally $5,000, based on the complexity of your situation. Hourly rates range from $240 to $360. All fees are negotiable.
Areas of Practice
Location
475 Alberto Way, Suite 210, Los Gatos, CA, 95032