Mccormack Financial Planning INC.
Assets Under Management
$103.0M
Number of Clients
133
Number of Advisors
3
Average Client AUM
$774K
AUM per Advisor
$34.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
McCormack Financial Planning, Inc. provides discretionary portfolio management services in accordance with individual client investment objectives through a wrap-fee program. Assets are held at Pershing Advisor Solutions, LLC. Clients are responsible for notifying the firm of any changes in their financial situation or investment objectives.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $50K | 1.95% |
| $50K - $100K | 1.75% |
| $100K - $250K | 1.50% |
| $250K - $500K | 1.25% |
| $500K - $1.0M | 1.00% |
| $1M+ | 0.75% |
In special circumstances, and in our sole discretion, we may negotiate a lesser management fee based upon certain criteria.
Fee Estimator
The firm charges an annual "wrap-fee" based on the market value of assets under management. This fee includes portfolio management and Pershing's transaction costs. Fees are billed quarterly in advance. In special circumstances, a lesser fee may be negotiated. The minimum initial investment is $50,000, but may be reduced to $25,000 with approval.
Areas of Practice
Location
5605 Glenridge Drive, Suite 950, Atlanta, GA, 30342