Canopy Wealth Management
Assets Under Management
$1.5B
Number of Clients
992
Number of Advisors
7
Average Client AUM
$1.5M
AUM per Advisor
$210.7M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
ERn Financial, LLC d/b/a Canopy Wealth Management provides ongoing investment advice and portfolio management services tailored to individual client needs. They also offer financial planning services, including comprehensive plans and ongoing subscription-based planning. They manage accounts on both discretionary and non-discretionary bases.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.20% |
| $500K - $1.5M | 0.80% |
| $1.5M - $3.0M | 0.60% |
| $3.0M - $5.0M | 0.50% |
| $5M+ | 0.40% |
Fees may be negotiable depending on account size, type, and level of service.
Fee Estimator
You'll pay an annual fee based on the value of your assets under management, as shown in the rate table. The fee is calculated quarterly in advance. A minimum of $250,000 is generally required to use this service, but this may be negotiable. Financial planning fees range from $1,000 to $25,000 per engagement. Ongoing financial planning is available as a monthly subscription starting at $200/month.
Areas of Practice
Location
8215 Greenway Boulevard, Suite 540, Middleton, WI, 53562