Aspen Wealth Management
Assets Under Management
$509.6M
Number of Clients
334
Number of Advisors
7
Average Client AUM
$1.5M
AUM per Advisor
$72.8M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Aspen Wealth Management (AWM) offers discretionary investment management services through a wrap fee program. They allocate client assets among mutual funds, ETFs, and individual securities based on client objectives, risk tolerance, and liquidity needs. AWM may utilize sub-advisors. They provide ongoing investment review and rebalancing services, tailoring advice to meet client needs.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.25% |
| $1.0M - $2.0M | 1.00% |
| $2.0M - $4.0M | 0.85% |
| $4.0M - $7.0M | 0.75% |
| $7.0M - $10.0M | 0.60% |
| $10M+ | 0.50% |
Fees may vary based on account size, complexity of the portfolio, extent of activity in the account or other reasons agreed upon by us and you as the client. In certain circumstances, our fees and the timing of the fee payments may be negotiated.
Fee Estimator
AWM charges an annual fee based on assets under management, billed quarterly in advance. The maximum advisory fee is 1.25%, but fees may be negotiable based on account size, portfolio complexity, or other factors. The custodian will debit fees directly from client accounts. AWM may use sub-advisors and pay them a portion of the advisory fee. There is no minimum dollar amount to open and maintain an advisory account.
Areas of Practice
Location
4200 S. Hulen St., Suite 422, Fort Worth, TX, 76109