There is no perfect wealth advisor fee model, but there are some that are flat out wrong. For example, some advisors charge a fee—while also receiving the kinds of product commissions and kickbacks that divide their interests unacceptably. And some investments pack hidden expenses, or cost you more due to behind-the-scenes tax inefficiencies or sneaky behaviors (this Forbes piece calculates the total to be up to 6.22% of your total investment).
At HWM, you’ll never pay commissions, you’ll never have to worry that we are taking kickbacks for selling you a financial product you don’t need, and we'll be 100% transparent in what we're doing and how it impacts your money. We minimize costs for our clients by keeping portfolio trading costs low, by avoiding mutual funds with sales charges (12b-1 or any kind of front-end or back-end loads), and by offering rare tax-managed mutual funds for after-tax brokerage accounts.