Wealthmd Corporation
Assets Under Management
$212.9M
Number of Clients
1,030
Number of Advisors
1
Average Client AUM
$207K
AUM per Advisor
$212.9M
Compensation
Fee-Only (AUM)
About This Firm
wealthMD Corporation provides asset allocation and ongoing investment management services on a discretionary basis. They primarily invest in mutual funds and ETFs, allocating investments into conservative, moderate, or aggressive models. Financial reviews are available upon request at no charge.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $250K | 2.00% |
| $250K - $500K | 1.75% |
| $500K - $750K | 1.50% |
| $750K - $1.0M | 1.25% |
| $1M+ | 1.00% |
Fees negotiable, but not less than 1% except for employees/family. Advisory board members pay 1% regardless of AUM.
Fee Estimator
wealthMD charges an annual fee based on a percentage of the assets they manage. The fee is calculated and charged quarterly, in arrears, based on the market value of your assets. The fees range from 2.00% annually on assets less than $250,000, down to 1.00% on assets over $1,000,000. Fees may be negotiable, but will not be less than 1% except for employees or family of employees, whose fees are waived. Advisory board members pay a discounted rate of 1% regardless of assets under management. There is no minimum portfolio size or minimum annual fee.
Areas of Practice
Location
1706 Bardstown Road, Second Floor, Louisville, KY, 40205