At Alchemy Wealth Management we believe that fees should be
SIMPLE & Transparent
We believe so strongly that fees should be simple, transparent and fair, that we choose to publish our fees right on our website for all to see.
Our goal is to reduce as many conflicts of interest as possible in the advisor client relationship. For this reason we have chosen to remain an independent, fee-only firm that uses a blended assets under management fee structure. This means that we charge you a percentage of the assets we manage for you. We believe this helps align our interests with your interests to ensure we remain positively incentivized when your portfolio grows and negatively incentivized when your portfolio shrinks.
Investment Management Fees
| Account Value | Annual Advisory Fee |
|---|---|
|
$0 - $50,000
|
1.90%
|
|
$50,001 - $1,000,000
|
1.20%
|
|
$1,000,001 - $2,000,000
|
1.00%
|
|
$2,000,001 - $5,000,000
|
0.75%
|
|
$5,000,000 and Above
|
0.50%
|
The fees above include all asset management as well as financial planning costs. All fees are debited directly from your investment account.
Our standard advisory fee is a blended fee, (similar to our progressive tax system) based on the market value of the assets under management.
For example, a client with $3,200,000 under management at Alchemy Wealth Management would pay 1.90% on the first $50,000, 1.20% on the next $950,000, 1.00% on the next $1,000,000 and 0.75% on the last $1,200,000 being managed, for a total blended fee equivalent to 0.98%.