Kmc Wealth Management, LLC
Assets Under Management
$19.9M
Number of Clients
30
Number of Advisors
1
Average Client AUM
$663K
AUM per Advisor
$19.9M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
KMC Wealth Management, LLC provides portfolio management and financial planning services to individuals, high net worth individuals, trusts, estates, corporate pension and profit-sharing plans, and small businesses. They offer both discretionary and non-discretionary management, with an emphasis on portfolio analysis and management.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $5.0M | 1.25% |
| $5.0M - $10.0M | 1.00% |
| $10.0M - $50.0M | 0.75% |
| $50.0M - $100.0M | 0.60% |
| $100M+ | 0.50% |
These rates apply to equities. Fixed income rates are lower. KMC may impose a minimum quarterly fee of $750 which is negotiable under certain circumstances.
Fee Estimator
Financial planning is billed hourly at $350/hour, typically resulting in a range of $1,050-$5,000 per plan, depending on complexity. Asset management fees are based on a percentage of assets under management, with different rates for equities and fixed income. KMC may impose a minimum quarterly fee of $750, which is negotiable. A performance fee of 25% of the growth in the account is charged monthly for advanced asset management accounts. Other fees include 1% to manage Variable Annuity sub-accounts or Retirement Plan accounts and a 0.25% fee for compiling consolidated statements.
Areas of Practice
Location
101 Sunflower Lane, San Antonio, TX, 78213