Hummel Wealth Management, LLC
Assets Under Management
N/A
Number of Clients
Not reported
Number of Advisors
12
Average Client AUM
N/A
AUM per Advisor
N/A
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Hummel Wealth Management, LLC offers non-discretionary pension consulting services to employee benefit plans and their fiduciaries. Services include plan review, fund selection advice, participant education, and investment performance monitoring. The firm does not offer discretionary services to individual retail clients.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.5M | 0.80% |
| $2.5M - $5.0M | 0.60% |
| $5.0M - $7.5M | 0.40% |
| $7.5M - $10.0M | 0.30% |
| $10M+ | 0.25% |
Maximum annual fee.
Fee Estimator
Fees for pension consulting services are negotiated on a case-by-case basis, depending on the plan size, scope, and complexity of services. The fees are typically based on a percentage of plan assets, but fixed fee arrangements may be available. The maximum annual fee is tiered: 1.00% on the first $1,000,000, 0.80% on $1,000,001 - $2,500,000, 0.60% on $2,500,001 - $5,000,000, 0.40% on $5,000,001 - $7,500,000, 0.30% on $7,500,001 - $10,000,000, and 0.25% over $10,000,000. Fees are deducted quarterly in arrears unless otherwise agreed. The agreement can be terminated with 30 days written notice, with a pro-rata charge for services rendered.
Areas of Practice
Location
4585 State Route 39, Berlin, OH, 44610