Billing Frequency: Fees are billed in advance, on a quarterly basis.
Minimum: We have a $250,000 household minimum asset level, waivable on a case-by-case basis.
Householded Fees: To help our clients minimize expenses, fees are calculated per household, not per account. For example, if we are managing various accounts with a household asset value of $751,000, the annual fee is .80% on all of the household assets in each account. On a case by case basis, we are willing to hold a large investment and not bill on it, if we are not advising on the asset.
Refund Policy: In the event a client terminates a relationship with Tackett Wealth Management, fees will be refunded on a pro-rata basis. For example, if a client paid for a quarter of fees and terminated the relationship after 30 days of that quarter, we would refund the remaining 60 days of fees that we did not provide investment advice or management.
Non-Commissioned / Non-Brokered Compensation: Due to the conflicts of interest, we do not solicit products that pay us sales or commission charges. We do not receive any form of compensation from any investment products. As a result, we are encouraged to recommend no-load investments that are best for you, rather than loaded products that may seem best for us.
Commission Charges: While we don’t receive any commission, our clients will usually incur commission charges by their custodian. For example, the custodian may charge a rate of $13 to $15 per stock transaction. Details of such charges will be provided by the custodian.
Additional Information: For additional information on our fee schedule, please see our investment advisory contract.