Wealth Management Fees
Rymer Wealth Management's services are based on the amount of assets under management, with the exception of our alternative investment program which also includes a performance fee based on profits earned in the account. We charge 0.70% of assets under management per year for our traditional (passive) management, and this fee is paid on a quarterly basis. This fee includes any necessary financial planning and, of course, investment management.
Upon engaging our traditional wealth management service, RWM will begin the initial planning phase where we collect and review your information and objectives in detail. After completing the planning phase, you will be presented with an initial Investment Policy Statement (IPS). Our staff will revise and update your financial plan and IPS, if needed, based on our meeting. Then, we can begin implementing your plan and monitoring its progress.
Passive Investment Management Program
| Assets Under Management | Annual Rate | Quarterly Rate |
|---|---|---|
| First $1 million * |
0.70% | 0.1750% |
| Over $1 million |
0.35% | 0.0875% |
Alternative Investment Management Program
| Investment Fee | Annual Rate | Quarterly Rate |
|---|---|---|
| Annual Management Fee |
up to 2.00% |
up to 0.50% |
| Performance Fee |
20.00% of investment profits charged quarterly |