Formula Wealth
Assets Under Management
$36.4M
Number of Clients
9
Number of Advisors
1
Average Client AUM
$4.0M
AUM per Advisor
$36.4M
Compensation
Fixed/Hourly
About This Firm
Formula Wealth offers ongoing comprehensive financial planning, investment management services, and hourly/project-based financial planning. They develop tailored investment portfolios based on client goals and risk tolerance. For ultra-high-net-worth clients, they offer advanced estate and tax planning services. They primarily use passive investment management strategies.
Fee Structure
Formula Wealth charges a flat annual fee of $20,000 for combined investment management and ongoing comprehensive financial planning, with a minimum of $2 million in assets under advisory. Ultra-high-net-worth clients with a net worth of $10 million or more per individual will incur an additional annual fee of $24,000 per person. Project-based financial planning fees range from $500 to $3,600, and hourly financial planning is offered at $250 per hour. Fees are negotiable and prorated. Total fees will not exceed 2% of AUM.
Areas of Practice
Location
TN, United States
