est. 1983

An inherent part of our fiduciary standard is transparency in our fee structure.

We offer an "all in" cost structure that is typically 50% less1 than that offered by traditional bank, brokerage firm or insurance company platforms.

The Services You Should Expect

The services you should expect if the fee is 0.20% to 0.35%

  • An institutional trading platform

 

  • Utilizes low-cost index funds

 

  • Account aggregation, retirement planning, mobile access, etc.

 

  • Rebalancing and tax loss harvesting

 

  • Limited access to a pooled group of financial advisors, salaried (credentials unknown)

Typical digital platform

Same service as in the typical digital platform, but also including:

  • A nationally recognized wealth manager to assist in matching portfolio design to goals

 

  • Utilizes low-cost index funds, smart beta funds, as well as socially responsible and active funds when appropriate

 

  • Two-dimensional risk tolerance analysis, incorporating your capacity and your emotional willingness to take on risk.

 

  • More personalized service (with limits)

wealthpath

  • Full concierge service, integrating investment and retirement planning along with more robust tax, estate, and risk management planning

 

  • Utilizes both low-cost index funds and low-cost active funds, as well as socially responsible funds,  based upon the client's specific needs

 

  • Customized portfolio design and retirement strategies with regular face-to-face meetings

 

  • Coordination with CPAs, attorneys, and other advisors

Concierge Services

0.20%

0.35%

0.70%

1%

The services you should expect if the fee is 0.35% to 0.70%

The services you should expect if the fee is 0.70% to 1%

For clients with less complex financial situations, or those who don’t wish to develop a comprehensive financial plan, wealthpath offers a relatively inexpensive alternative to the concierge wealth management services offered by M.J. Smith & Associates.

First $1MM

Next $2MM

Next $3MM

Next $4MM

Over $10MM

0.70%

0.55%

0.50%

0.40%

0.35%

1.0%

0.8%

0.7%

0.6%

0.5%

wealthpath

Advisory Fees

Invested Assets

Comprehensive

Wealth Management

Concierge Services

Our Fee Structure

We encourage you to compare our "all in" fees to the typical bank, brokerage, or wealth management firm.

When you look at the “all in” fees - the advisory fee plus the underlying fund expenses - you’ll find many of the other investment platforms are more expensive.1 The underlying fund expenses are usually not seen by most investors.

 

Consider an example using a hypothetical portfolio of $500,000.  This table shows the difference in total costs when factoring in both advisor fees and fund expenses.

Fund expenses

Advisor fees

Total fees

Total Costs

.75

1.00

1.751

$8,750

.132

.70

.85

$4,150

Typical

Advisory Firm

wealthpath

This hypothetical illustration is provided for illustrative purposes only. Fund expenses may be lesser or greater than the amount shown depending on your investment objectives.

Our wealthpath clients would recognize a $4,600 per year savings in fees compared to the typical bank, brokerage, or wealth management firm.

 

2.  The 0.13 fund expense is based upon a 60% growth/40% fixed income model utilizing the selected funds by our firm.  Please note we have other model portfolios where the expenses may be greater or less than this amount.  More information is available upon request.  In an asset-based fee relationship, you pay a fee (charged quarterly) for the advice and services provided by your financial advisor as a part of the advisory relationship. This fee is based on the level of assets in your account, independent of the level of trading activity. By deciding to pay a fee based on services provided rather than transactions, you should understand that the fee may be higher than the cost of a commission alternative during periods of lower trading activity.

 

Investors should carefully consider the investment objectives, risks, charges and expenses of mutual funds. The prospectus contains this and other information about mutual funds. The prospectus is available from our office or from the fund company and should be read carefully.

The services

you should expect if

the fee is

0.20% to 0.35%

  • An institutional trading platform

 

  • Utilizes low-cost index funds

 

  • Account aggregation, retirement planning, mobile access, etc.

 

  • Rebalancing and tax loss harvesting

 

  • Limited access to a pooled group of financial advisors, salaried (credentials unknown)

Typical digital platform

The services

you should

expect if

the fee is

0.35% to 0.70%

Same service as in the typical digital platform, but also including:

  • A nationally recognized wealth manager to assist in matching portfolio design to goals

 

  • Utilizes low-cost index funds, smart beta funds, as well as socially responsible and active funds when appropriate

 

  • Two-dimensional risk tolerance analysis, incorporating your capacity and your emotional willingness to take on risk.

 

  • More personalized service (with limits)

wealthpath

The services

you should

expect if

the fee is

0.70% to 1%

  • Full concierge service, integrating investment and retirement planning along with more robust tax, estate, and risk management planning

 

  • Utilizes both low-cost index funds and low-cost active funds, as well as socially responsible funds,  based upon the client's specific needs

 

  • Customized portfolio design and retirement strategies with regular face-to-face meetings

 

  • Coordination with CPAs, attorneys, and other advisors

Concierge Services

est. 1983

The services

you should expect if

the fee is

0.20% to 0.35%

  • An institutional trading platform

 

  • Utilizes low-cost index funds

 

  • Account aggregation, retirement planning, mobile access, etc.

 

  • Rebalancing and tax loss harvesting

 

  • Limited access to a pooled group of financial advisors, salaried (credentials unknown)

Typical digital platform

The services

you should

expect if

the fee is

0.35% to 0.70%

Same service as in the typical digital platform, but also including:

  • A nationally recognized wealth manager to assist in matching portfolio design to goals

 

  • Utilizes low-cost index funds, smart beta funds, as well as socially responsible and active funds when appropriate

 

  • Two-dimensional risk tolerance analysis, incorporating your capacity and your emotional willingness to take on risk.

 

  • More personalized service (with limits)

wealthpath

The services

you should

expect if

the fee is

0.70% to 1%

  • Full concierge service, integrating investment and retirement planning along with more robust tax, estate, and risk management planning

 

  • Utilizes both low-cost index funds and low-cost active funds, as well as socially responsible funds,  based upon the client's specific needs

 

  • Customized portfolio design and retirement strategies with regular face-to-face meetings

 

  • Coordination with CPAs, attorneys, and other advisors

Concierge Services

Comprehensive

Wealth Management

Concierge Services

wealthpath

Advisory Fees

First $1MM of Invested Assets

0.70%

1.0%

Next $2MM of Invested Assets

0.55%

0.8%

Next $3MM of Invested Assets

0.50%

0.7%

Next $4MM of Invested Assets

0.40%

0.6%

Next $2MM of Invested Assets

0.35%

0.5%

.75

1.00

1.751

$8,750

.132

.70

.85

$4,150

Typical

Advisory Firm

wealthpath

Fund expenses

Advisor fees

Total fees

     Total Costs

Our wealthpath clients would recognize a $4,600 per year savings in fees compared to the typical bank, brokerage, or wealth management firm

This hypothetical illustration is provided for illustrative purposes only. Fund expenses may be lesser or greater than the amount shown depending on your investment objectives.