Our Wealth Advisory Services process – Getting Started and Onward!
Ready to Begin? Let’s go.
Once we have a clear understanding of your goals, we’ll factor in your time horizon and risk tolerance to provide you with the very best, independent advice for your situation. Your investment accounts held with our recommended independent custodian, Fidelity Investments® will be opened. Then, we’ll proactively manage those assets, communicate progress, rebalance as needed and work your plan. We stand ready to respond and adapt as life presents its ups, downs, and opportunities.
Onward! Ongoing, proactive monitoring and management
As a fiduciary, it is our responsibility to proactively monitor, manage and adjust your investments to provide timely, independent advice - always with your best interests at the forefront of what we do. The goal – to keep your investment strategy in line with your overall financial goals. You can have peace of mind in our consistently providing:
- Ongoing research of underlying investments - specifically we are looking for low-cost options that provide top tier category returns over the long term.
- Risk management approach - utilizing strategies such as dollar-cost-averaging and ongoing rebalancing to mitigate risk.
- Performance reporting - transparent performance reporting that shows portfolio returns net of fees.
- Disciplined investment approach - your asset allocation strategy is tied to your specific financial planning goals. We do not try to time the market, but rather help keep you on track and focused towards achieving your long-term objectives.
Wealth Advisory Services – Fee-Only
As we are a Fee-Only firm, our clients can have confidence that their best interests are at the heart of our independent, unbiased advice.
We’re paid by our clients – solely – not by any institution, brokerage firm, investment managers, corporation, or bank.
Our Fee-Only structure is based on Assets Under Management (AUM) - those under our management held by our recommended independent custodian, Fidelity Investments® and your employer-sponsored retirement plan.
As we begin our engagement, we’ll need to gather information about your goals and assets, provide initial advice and planning, establish your accounts, and set you up online with our recommended custodian, Fidelity Investments®. You are unique, and your plan is personalized to reflect your goals. We work with you every step of the way to get you onboarded and set up towards achieving your goals.
As a Fee-Only firm, we are compensated by our clients to provide unbiased advice and actively manage investments. The fee schedule is dependent upon the total amount of Assets Under Management (AUM) and outlined below.
Minimum of $500,000 in Assets Under Management by Washington Wealth Advisors
Our firm has a minimum Assets Under Management (AUM) requirement of $500,000.
Onboarding Set-Up fee — This One-Time fee covers all that it entails to get you set up and on your path towards achieving your goals. The range for this flat fee is $1,000 to $7,000 and charged at the onset of our engagement.
Assets Under Management (AUM) fee — Our Wealth Advisory Services Ongoing fee is based upon a percentage of the market value of your assets under our management held by our recommended custodian, Fidelity Investments® and/or your employer-sponsored retirement plan.
This AUM fee is prorated and paid monthly, in arrears, based upon the average daily balance of the assets during the month. The range of this fee is 0.5% to 1.25% and automatically deducted from the account you designate.
Please note that clients should expect to pay a minimum of $5,000 per year in fees for Wealth Advisory Services provided by a dedicated Certified Financial Planner® and client support team.
Complimentary Initial Consultation
We invite you to connect with us for an initial consultation - it's complimentary! Our first conversation helps us both know if Washington Wealth Advisors can offer what it is you are seeking and answer any questions you may have about our process and fees.
We look forward to the conversation.