Mckinley Carter Wealth Services, INC.
Assets Under Management
$2.5B
Number of Clients
1,861
Number of Advisors
27
Average Client AUM
$1.4M
AUM per Advisor
$93.8M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
MCWS offers financial planning, consulting, investment management, and wealth management. They evaluate clients' financial situations, including investments, insurance, retirement, and estate planning. They primarily allocate assets among mutual funds, ETFs, individual securities, and independent investment managers.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $2.0M | 1.00% |
| $2.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.50% |
| $10.0M - $25.0M | 0.40% |
| $25M+ | 0.40% |
Above $25,000,000 fees are negotiable. Minimum annual fee of $3,000.
Fee Estimator
Wealth management fees are either fixed, asset-based, or a combination, ranging from $1,000 to $20,000 fixed. AUM fees are tiered (see table). Financial planning/consulting fees range from $350 to $10,000 fixed or $50 to $500 hourly. Institutional investment management has a $7,500 minimum annual fee. Not-for-profit organizations may be eligible for a discount off MCWS’s stated fee schedule.
Areas of Practice
Location
2100 Market Street, Wheeling, WV, 26003