Services and Fees

Fee Schedule.

• 1% on first $250,000 
• 0.50% on next $750,000 (to $1M)
• 0.25% on next $1M (to $2M)
• 0.10% on any portion over $2M.

This annual rate is divided up quarterly, prorated for the number of days in each quarter, and invoiced in arrears. The quarterly fee is deducted automatically off the managed account(s). 

If there are several members of your household or you have multiple accounts, all are aggregated for the purpose of reducing fees.

 Bormann Wealth Management is a fee-only fiduciary practice, and is never compensated by commissions or from pushing specific financial products.  

• Targeted Financial Planning. Don't need a comprehensive plan and just have a specific financial question to address? You can schedule either a one-time meeting or recurring check-ins to keep your goals on track. 

• Second Look. Maybe you've worked with another advisor but you would like another set of eyes on their proposal before moving forward. This is cheap "insurance" against getting blindsided later. [~1 Hour]

• Portfolio Design. Get a one-time portfolio overhaul done by a professional.  A deep dive into your current investments and asset allocation, looking for improvements or risk exposures you haven't considered. [2~4 hours]

• Retirement Spending Framework. Over the course of several meetings I will review your portfolio carefully and design a plan for your money to last. Includes asset allocation, where to spend from first (pre-tax vs. Roth positioning), and a cash management strategy to buffer you against market volatility. [6~10 hours, varies on complexity and number of accounts].

(Estimated times to complete different projects are provided for transparency, but every situation is unique. Reach out if you have questions.)