Wela Strategies, INC.
Assets Under Management
$255.5M
Number of Clients
775
Number of Advisors
14
Average Client AUM
$330K
AUM per Advisor
$18.3M
Compensation
Fee-Only (AUM)
About This Firm
Wela Strategies offers asset management services based on model portfolios, primarily using ETFs. They manage various models, including "Own Your Age" (OYA) portfolios, and offer customized allocations. Services are designed for both smaller and larger portfolios. Wela also acts as a model provider to other advisors and offers retirement plan consulting services.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $250K | 1.00% |
| $250K - $500K | 0.90% |
| $500K - $1.0M | 0.80% |
| $1.0M - $2.0M | 0.70% |
| $2M+ | 0.70% |
Fees above $2,000,000 are negotiable.
Fee Estimator
Wela charges an annual asset management fee, not based on capital gains. Fees are calculated quarterly based on the market value of assets. For direct clients, fees range from 1.00% on the first $250,000 to 0.70% for assets between $1,000,000 and $2,000,000. Fees above $2,000,000 are negotiable. The fee schedule is applied based on the household billed account balance. Wela also provides model portfolios to other advisors, charging them up to 0.30% annually. For retirement plan clients, Wela receives an annual fee of 0.30% of total plan assets allocated to Wela models.
Areas of Practice
Location
10 Glenlake Parkway, North Tower, Suite 1010, Atlanta, GA, 30328