Richard W. Paul & Associates, LLC
Assets Under Management
$323.3M
Number of Clients
1,801
Number of Advisors
7
Average Client AUM
$180K
AUM per Advisor
$46.2M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Richard W. Paul & Associates, LLC is a fee-based financial planning and investment management firm. They offer portfolio management services, including active and passive strategies, and financial planning consultations. They create custom retirement income projections and recommend allocations based on client needs and risk profiles. The firm may utilize sub-advisors.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $3.0M | 1.35% |
| $3.0M - $5.0M | 1.15% |
| $5M+ | 1.15% |
Fees negotiable for accounts over $5,000,000. The fee structure shown is for the Active Strategy. The Passive Strategy has lower fees: 1.0% on the first $1,000,000, 0.80% on $1,000,001-$3,000,000, and 0.60% on $3,000,001-$5,000,000.
Fee Estimator
This firm charges fees based on assets under management (AUM) for portfolio management services. For active strategies, the annual fee is 1.5% on the first $1,000,000, 1.35% on $1,000,001-$3,000,000, and 1.15% on $3,000,001-$5,000,000. For passive strategies, the annual fee is 1.0% on the first $1,000,000, 0.80% on $1,000,001-$3,000,000, and 0.60% on $3,000,001-$5,000,000. Fees are negotiable for amounts over $5,000,000. Financial planning services are provided on an hourly basis (up to $275/hour, minimum $550) or fixed fee basis ($550 to $10,000).
Areas of Practice
Location
39555 Orchard Hill Place, Suite 100, Novi, MI, 48375