Fees are important. Our job is to prove over and over that we are delivering far more in value than what you are paying. Clients pay us to understand their situation, to use our expertise to measure it against the overall financial landscape, and to tell them what to do with their money to best accomplish their goals. Our job is to make sure we are checking all the boxes and making sure nothing gets missed. Lastly, our job is to remove as much of the worry about money as we can.
Our fee is structured on a sliding scale. The average advisor charges 1% on assets under management. A typical client of Upper Left Wealth Management with 3 million dollars under management pays around half of that.
There is a 0.95% fee on the first $500,000 in assets.
$500,001 - $1,000,000
There is a 0.75% fee on assets from $500,001 to $1,000,000.
$1,000,001 - $5,000,000
There is a 0.50% fee on assets from $1,000,001 to $5,000,000.
There is a 0.35% fee on assets $5,000,000 and up.
THE BIGGEST MISTAKE INVESTORS MAKE IS LOOKING BACKWARD AT PERFORMANCE AND THINKING IT'LL RECUR IN THE FUTURE. John Bogle
We do not provide past returns. The prior decade has experienced above average returns for many assets, and an investor today will not get the past returns, they will get the unknown future returns. We instead provide a repeatable process focused on diversification, position sizing, and rebalancing. The goal of the process is upper left.