Castle Island Wealth
Assets Under Management
$121.2M
Number of Clients
44
Number of Advisors
3
Average Client AUM
$2.8M
AUM per Advisor
$40.4M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Castle Island Wealth offers discretionary and non-discretionary portfolio management services, tailored to meet clients' individual needs and investment objectives. They also provide financial planning and consulting services, addressing various financial topics. The firm may use sub-advisers and model portfolios. They require clients to use Charles Schwab & Co., Inc. as the qualified custodian.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $1.0M | 1.25% |
| $1.0M - $5.0M | 1.00% |
| $5M+ | 0.85% |
Fees are negotiable depending on individual client circumstances. Account values of family members living in the same household may be combined to determine the applicable advisory fee.
Fee Estimator
Portfolio management fees are based on a percentage of assets under management. Financial planning and consulting services are charged at an hourly rate of $350, which is negotiable. Fees are negotiable depending on the scope and complexity of the plan, your situation, and your financial objectives. The firm requires a minimum of $1,000,000 to open and maintain an advisory account, but this may be waived at the firm's discretion.
Areas of Practice
Location
11300 Us Highway 1, Suite 600, Palm Beach Gardens, FL, 33408