Millennial Wealth Management, LLC
Assets Under Management
$30.0M
Number of Clients
90
Number of Advisors
1
Average Client AUM
$333K
AUM per Advisor
$30.0M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Millennial Wealth Management provides investment advisory services through third-party managers and comprehensive financial planning. Planning covers retirement, risk management, college savings, and more. They also offer hourly financial planning and employee benefit plan services. MWM manages Held Away Accounts using Pontera.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $300K | 1.25% |
| $300K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.75% |
| $2M+ | 0.50% |
Fee schedule includes the Outside Manager's fee of 0.15% annually. Fees are negotiable.
Fee Estimator
Investment advisory fees are based on a percentage of assets under management. The fee schedule includes the Outside Manager's fee of 0.15%. Clients using Pontera to manage Held Away Accounts pay a fee that includes Pontera's 0.25% fee. Comprehensive financial planning has an upfront charge of $600, plus $200-$250/month. Hourly planning is $300/hour with a $600 upfront payment. Employee benefit plan fees are tiered based on plan assets and include Betterment's fee of 0.15%.
Areas of Practice
Location
2095 W. 6th Avenue, Suite 112, Broomfield, CO, 80020