The following table serve as a guideline to help you estimate the fees for our services.
|Ongoing Investment Management||No|
|Investment Range||N/A||$250K - $750K||$750K+|
|Financial Planning (meetings / services)|
|Onboarding / Review Goals|
|Financial Planning /
|Custom Portfolio Strategy|
|Access Your Plan Online|
|Goal Progress Monitoring|
|Quarterly Plan Component Reviews|
(based on net worth)
|(20% Discount)||(40% Discount)|
|Up to $3,000,000||$2,250||$1,800||$1,350|
|$3,000,000 - $6,000,000||$3,000||$2,400||$1,800|
|Hourly Rate for Updates / Reviews||$250||$200||$0|
|Financial Plan Update (estimated)||2 - 4 hours||1 - 3 hours||Included|
|Portfolio Review Only (estimated)||1.5 - 4 hours||Included||Included|
|Investment Management (ongoing)|
|Portfolio Monitoring & Rebalancing|
|Portfolio & Performance Reporting|
|Household Financial Aggregation|
|Blue Water Client Portal|
|In-Person / Web-Based Reviews|
|Annual Tax Return Review||Included with Plan Update|
|ID & Credit Monitoring||$30/quarter|
|Annual Advisory Fee
(based on portfolio amount)
|Flat fees are also available||Negotiable||Negotiable|
|Minimum Quarterly Fee||$750||$1,750|
Blue Water does not take custody of any of your assets. We use TD Ameritrade as our independent custodian.
Accounts not held at TD Ameritrade, like 401(k) / 403(b) plans, are also included in our Emerging Wealth and Wealth Management services.
In addition to the Blue Water advisory fee (discussed above), there are two other investing fees to keep in mind:
- Portfolio expenses:
There are NO upfront or deferred sales charges. However, each fund charges an expense ratio. This is how the fund companies are paid. The expense ratios of the portfolios we construct typically range from 0.12% - 0.20% depending on the stock-to-bond ratio.
There are NO trading fees for Exchange-Traded Funds (ETFs) and stocks, but some mutual funds have transaction charges that generally range from $7 to $15 per trade. This is how the custodian is paid.
Note - These are fees you will incur regardless of who is managing your portfolio. We keep these fees in mind in the design of your portfolio, and try to minimize them in the execution and management going forward.