Baltimore-Washington Financial Advisors
Assets Under Management
$2.5B
Number of Clients
4,597
Number of Advisors
13
Average Client AUM
$543K
AUM per Advisor
$191.9M
Compensation
Fee-Only (AUM)
About This Firm
BWFA offers financial planning, investment management, tax, and business services. They take a holistic approach, integrating planning, investments, and taxes. Investment management considers client goals, risk tolerance, and financial situation. They use a buy/sell/hold list of securities and monitor class action shareholder lawsuits.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $2.0M | 1.00% |
| $2.0M - $5.0M | 0.85% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.65% |
Fee Estimator
BWFA's fees are fixed for financial planning and vary for investment management based on assets under management. Financial planning fees are project-based. Tax service fees vary based on the complexity of the return. Business service fees are negotiable. Employer-sponsored retirement plan fees are also negotiable and range from 0.25% to 0.75%.
Areas of Practice
Location
5950 Symphony Woods Rd., Suite 600, Columbia, MD, 21044
