Sequoia Wealth Management, LLC
Assets Under Management
$514.3M
Number of Clients
1,550
Number of Advisors
16
Average Client AUM
$332K
AUM per Advisor
$32.1M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Sequoia Wealth Management, LLC is an investment advisor offering asset management services with regular account supervision, financial planning and consulting services, and retirement plan consulting to employer plan sponsors. They may recommend third-party money managers or strategists. The firm also offers advisory services through LPL Financial-sponsored programs.
Fee Structure
Asset management fees are a maximum of 2.50% annually, based on the engagement's scope and complexity. Financial planning and consulting are charged hourly (up to $500/hour) or flat fees ($500 to $25,000), based on the engagement. Retirement plan consulting fees do not exceed 1.00% of plan assets under management. Fees are generally prepaid quarterly, with direct debit from client accounts. The firm has an economic incentive to trade infrequently within a wrap fee program, because frequent trading lowers the firm’s profitability.
Areas of Practice
Location
200 Applebee St, Suite 208, Barrington, IL, 60010