Our Services and Fees

The accumulation of significant wealth may bring with it a host of opportunities.  These opportunities may also be accompanied by concerns about safeguarding considerable estates.  Whether your particular concerns stem from portfolio management, tax planning, estate planning, charitable gifting, or preserving a certain quality of life, DEW Wealth Strategies has assembled the right team of experts to help you.  We pride ourselves on our ability to listen, assess your needs and desires, and then translate them into an objective plan that can help you meet your personal goals.  We are well equipped to help you address your individual concerns, reduce the time you may currently spend on financial matters, and realize your planning opportunities.

It all begins and ends with you – gaining a grasp of what you value, how you want to plan for your life and for the lives of those you care about, and how you envision your legacy.  There is simply no short cut to getting to know our clients.  You will have the benefit of working with highly skilled professionals, who understand the sensitivities inherent in this level of personal financial planning.  Our objective is to design a program that will work specifically for you and those closest to you, using the right financial tools to help you create the plan you want.

FINANCIAL PLAN:

Description of Services (one time planning process)

• analyze Client’s financial condition (including, as applicable, analysis of financial statements, risk management, survivorship, disability, property casualty, general liability, long term care, education goals, financial independence, accumulation goals, income taxation, investment strategy and asset allocation, stock options, retirement distributions, employee benefits, mortgage analysis, and estate planning); and
  

• recommend options to assist Client in achieving Client’s financial objectives (the “Plan”).

Fee Schedule

• Net worth under 3 million - $3,000

• Net worth of 3-5 million - $4,000

• Net worth of 5-10 million - $6,000

• Net worth of 10-20 million - $10,000

• Net worth of 20 million + - negotiable

This fee schedule is used as a general guideline based on Net Worth.  Actual fees are quoted based on the complexity of the development process. 

PRIVATE WEALTH MANAGEMENT:

Description of Services (ongoing services)

• maintain and update, as necessary, an analytical process that evaluates the likelihood of meeting stated goals, based on Client’s assets, liabilities, and relevant economic assumptions (“Capital Needs Analysis”);

• tax planning;

• insurance planning; 

• estate planning; 

• risk management needs analysis; 

• assessment of  personal and investment mortgages, debt refinancing, and loan alternatives; 

• bill paying and budgeting analysis; 

• consultation regarding strategies for philanthropic and multigenerational planning;

• consultation regarding gifting strategies, including amounts, form of gift (monetary or securities), and the manner in which gifts are made via direct gift, trusts, and foundations; 

• family business advice and business succession planning;  

• coordinate external advisors; 

• financial reporting;  

• concierge services.

Fee Schedule

Net Worth under $3,000,000 - $10,000 to $15,000 annually

Between $3,000,001 to $5,000,000 - $15,000 to $25,000 annually

Between $5,000,001 to $7,500,000 - $25,000 to $30,000 annually

Between $7,500,001 to $10,000,000 - $30,000 to $40,000 annually

Between $10,000,001 to $20,000,000 - $40,000 to $50,000 annually

Between $20,000,001 to $50,000,000 - $50,000 to $70,000 annually

Net Worth exceeding Fifty Million - $70, 000 plus negotiated fee

This fee schedule is used as a general guideline based on Net Worth.  Actual fees are quoted based on the complexity of the development process. 

ASSET MANAGEMENT:

Description of Services

• Development and maintenance of an appropriate Investment Policy Statement for those assets under the limited discretionary authority of DEW. 
  

• Customized implementation of the Investment Policy
  

• Coordination of the establishment of appropriate accounts and related asset transfers. 
  

• Active tax and cost efficient investment portfolio management for assets under the limited discretionary authority of DEW. This will include manager and strategy selection. 
  

• Monitoring and management of investment managers and vehicles selected for implementation. 
  

• As necessary, rebalancing, policy and/or strategy modification and/or manager replacements. 
  

• Quarterly detailed written reviews of the client investment portfolio(s) under our management. 
  

• As requested; implementation of cost and tax efficient liquidations for unanticipated cash flow needs. 
  

• As requested, provision of preliminary tax information (e.g., realized and unrealized gains, taxable interest and dividends) for client's tax planning.

Fee Schedule

Under $2,000,000 - 1%

$2,000,000 -$5,000,000 - 0.85%

$5,000,001 -$7,500,000 - 0.65%

$7,500,001 -$10,000,000 - 0.55%

$10,000,001- $15,000,000 - 0.45%

$15,000,001 - $20,000,000  -0.40%

Over $20,000,000 - individually negotiated

This fee schedule is used as a general guideline based on Managed Assets.  Actual fees are quoted based on the complexity of the development process. 

PENSION CONSULTING SERVICES:

Description of Services

DEW provides several advisory services separately or in combination. While the primary clients for these services will be pension, profit sharing and 401(k) plans, DEW will also offer these services, where appropriate, to individuals and trusts, estates and charitable organizations. Pension Consulting Services are comprised of four distinct services. Clients may choose to use any or all of these services.

Investment Policy Statement Preparation (hereinafter referred to as ''IPS''):

DEW will meet with the client (in person or over the telephone) to determine the client's

Investment needs and goals. DEW will then prepare a written IPS stating those needs and goals and encompassing a policy under which these goals are to be achieved. The IPS will also list the criteria for selection of investment vehicles and the procedures and timing interval for monitoring of investment performance.

Selection of Investment Vehicles:

DEW will review various investments, consisting exclusively of mutual funds (both index and managed) to determine which of these investments are appropriate to implement the client's IPS. The number of investments to be recommended will be determined by the client, based on the Investment Policy Statement.

Monitoring of Investment Performance:

Client investments will be monitored continuously based on the procedures and timing intervals delineated in the Investment Policy Statement. Although DEW will not be involved in any way in the purchase or sale of these investments, DEW will supervise the client's portfolio and will make recommendations to the client as market factors and the client's needs dictate.

Employee Communications:

For pension, profit sharing and 401(k) plan clients wherein there are individual accounts with participants exercising control over assets in their own account (''self-directed plans''), DEW also provides quarterly educational support and investment workshops designed for the Plan participants. The nature of the topics to be covered will be determined by DEW and the client under the guidelines established in ERISA Section 404(c). The educational support and investment workshops will NOT provide Plan participants with individualized, tailored investment advice or individualized, tailored asset allocation recommendations.

Fee Schedule

Our fees for Pension Consulting Services are negotiable; however, we typically charge for these services a fixed annual fee ranging from $10,000 to $25,000. DEW reserves the right to charge lower or higher fixed fee based on the complexity of the client’s situation, the time required to perform such services, and the nature and extent of other services DEW has provided or expects to provide for a particular customer.

*For more information on services provided and fees charged by DEW Wealth Strategies, LLC, Registered Investment Advisor; see form ADV-II.