Fees and Minimums
With the Gold Medal Waters "Wealth Management" Option, we work with you to create your financial plan and also design, develop and implement your investment portfolio - integrating our services to create one complete solution.
Wealth Management Annual Retainer - this retainer is created by combining your annual Planning Fee with your annual Asset Under Review charge. The retainer is typically higher in the first year due to the plan complexity and organization work required. Our minimum retainer fee is typically based upon 10 - 20 hours of planning in the first year.*
Planning Fees are based upon the following schedule:
| Year 1 | $2,000 - $4,000+ | |
| Year 2 | $1,000 - $2,000+ |
Asset Under Review Fees* are based upon the following schedule:
| First | $500,000 | 1.00% |
| Next | $2,000,000 | 0.75% |
| Next | $2,500,000 | 0.50% |
| Next | $5,000,000 | 0.25% |
| Next | $10,000,000 | 0.15% |
*Our minimum fee for this service is $3,500 per annum. Our recommended minimum porfolio size for management is $200,000.
