Our Simple, Transparent Fees
Our investment management fee structure is simple and transparent. Our full-service clients pay a 1% maximum annual fee (1/12th of 1% billed monthly in arrears), and the fee is based on the amount of assets in your account. We now have a minimum annual account fee of $2,500, however, we reserve the right to lower or waive this fee minimum. Our mobile friendly, Automated Solution clients pay a 0.50% maximum annual fee (billed monthly in arrears). We do NOT charge commissions or other hidden fees. There may be transaction fees charged by our custodian (we use Charles Schwab), but we keep no portion of them, therefore we have no incentive to trade your account, plus we work hard to keep custodial fees low. HOURLY FEE: If you’d prefer, we will also work with you for our hourly fee of $150 per hour billed in quarter hour increments. Plus, we’ll provide you with a stand-alone, Cashflow Fingerprint® comprehensive financial planning session for a $2,500 fee.
No Commissions, Ever
Some investment managers charge commissions in addition to their fees. That’s double dipping, and it injects substantial conflicts of interests. Why? Because the financial professional has a built-in incentive to sell you products with high commissions. Annuities are notorious for paying huge commissions – 6%, 7%, or more – to the sales person. That’s a $6,000, or higher, commission to the sales person who sells you a $100,000 annuity product! Financial professionals who charge fees AND who earn commissions most likely do NOT have your best interest as their top priority!
At PNW Asset Management, we operate as full-time, not part-time, fiduciaries. That means we have a defined LEGAL obligation to always put your interest 1st. CLICK HERE to find out how this benefits you! By the way, would you fire your adviser if you knew he/she were NOT required to always put your interests 1st?
Call us today at 206.259.0575 or email us HERE.