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At
Meridian we believe in full disclosure. We are a Registered
Investment Advisor with the State of California. We accept
clients in other states as current law allows and will register in
another state if needed in order to service a client and stay in
compliance. You may download our disclosure document, form
ADV II by clicking here,
and you can access our registration on the SEC's public disclosure
database the IAPD (Investment Advisor Public Disclosure) by
clicking
here. My CRD number is 112845.
Hourly Fee
Meridian charges a fee based on an agreed upon estimate of
how many hours it will take to develop a plan. The hourly fee
applied to that estimate is :
$125 - $200.
There are cases where the hourly fee
will be waived if a retainer agreement is signed immediately, this
is up to the discretion of Scott Dauenhauer, President of Meridian
Wealth Management.If
you decide to retain us to manage your assets, implement the
Investment Policy Statement, & follow up with regular
financial planning updates then our annual retainer fee is
below.
A retainer is not a requirement, you always have access
to us on an hourly or project basis, however retainer clients
receive our time and attention first.
Annual
Retainer
Generally, the retainer program is best for people
who want ongoing financial planning and investment management
and have investable assets in excess of $100,000. In
addition, the program is best suited for those whose
investments include equities. The fee for ongoing
investment management and financial planning is as follows:
.70% of first $300,000
.50% of next $300,000
.30% of next $400,000
.25% of assets above $1,000,000
The minimum annual fee is $1,000.
Example:
Client with $300,000
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$2,100 annually
Client with $600,000
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$3,600 annually
Client with $1,000,000
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$4,800 annually
Client with $2,000,000
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$7,300 annually
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