New Vernon Wealth Management LLC
Assets Under Management
$627.9M
Number of Clients
181
Number of Advisors
1
Average Client AUM
$3.5M
AUM per Advisor
$627.9M
Compensation
Fee-Only (AUM)
About This Firm
New Vernon Wealth Management LLC acts as a discretionary investment adviser, buying and selling financial instruments for client accounts. They implement a value-based investment philosophy, managing assets based on individual goals, risk tolerance, and tax considerations. They may agree to specific investment restrictions upon client request. As of February 28, 2025, NV-WM managed approximately $627,902,105 of client assets.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $1000K | 1.25% |
| $1.0M - $2.0M | 1.00% |
| $2M+ | 0.85% |
Fees may be negotiated.
Fee Estimator
You'll pay an annual fee based on your portfolio size (see rates in table). For example, a $500,000 portfolio would cost $6,250 per year. These fees may be negotiable based on factors like account size or special services. Accounts of multiple clients in the same household may be combined for fee purposes. Solicited Clients may be charged a higher advisory fee than those specified in the chart above, not expected to exceed 1.50% of the Solicited Client’s account value, per annum.
Areas of Practice
Location
799 Central Ave, Suite 350, Highland Park, IL, 60035