Mha Financial CORP
Assets Under Management
$85.8M
Number of Clients
146
Number of Advisors
6
Average Client AUM
$588K
AUM per Advisor
$14.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
MHA Financial Corp offers financial planning services covering cash flow, college, retirement, tax, and estate planning. They also provide advisory services, managing assets on a non-discretionary basis or referring clients to sub-advisors for discretionary management. Services are offered via retainer agreements or advisory service agreements.
Fee Structure
MHA Financial Corp offers several fee structures. Financial plans range from $800 to $2,500, depending on complexity. Retainer agreements range from $1,200 to $5,000 annually. Advisory service agreements are a flat 2% of assets under management. Investment management fees are either scaled (1.00% on the first $500,000, 0.80% on the next $500,000, and 0.60% on assets above $1,000,000) or a flat 2%. Hourly planning agreements range from $200 to $250 per hour. Fees are negotiable, but will not exceed 3% of assets under management per year. A $500 retainer is required in advance for financial plans.
Areas of Practice
Location
55A E. Ridgewood Avenue, Suite 12, Ridgewood, NJ, 07450