Illumination Wealth Management
Assets Under Management
$377.3M
Number of Clients
220
Number of Advisors
8
Average Client AUM
$1.7M
AUM per Advisor
$47.2M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Illumination Wealth Management provides comprehensive financial life management services, including financial planning and investment management. Financial planning covers income & tax management, retirement, debt, education, estate, and asset protection. Investment management is tailored to client needs and objectives, utilizing diversified portfolios and various securities.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $100K | N/A |
| $100K - $250K | 1.50% |
| $250K - $500K | 1.35% |
| $500K - $1000K | 1.20% |
| $1.0M - $3.0M | 1.00% |
| $3M+ | 0.90% |
Fees are negotiable and the final fee schedule is evidenced in the Investment Management Agreement. Minimum fee of $1,500 for accounts under $100,000.
Fee Estimator
Illumination Wealth Management charges fees for Financial Life Management based on a percentage of adjusted gross income (AGI) and net worth, with tiered rates. There is a minimum quarterly fee of $2,000. For Investment Management services only, fees are based on a percentage of assets under management, with a $1,500 minimum for accounts under $100,000. Pension consulting services are offered for a fixed fee, ranging from $500 to $1,500 for initial consulting, and an annual fixed fee with a $500 annual minimum for ongoing services. Fees are negotiable and may vary based on the scope and complexity of the engagement.
Areas of Practice
Location
11622 El Camino Real, Suite 100, San Diego, CA, 92130