Our Fees
We keep our fees simple so you can stay focused on what matters most: your financial goals.
Holistic Wealth Management
Long-term relationship with simple, annual fees
Instead of paying your advisor by the hour, Griffin Black charges a straightforward annual fee for long-term holistic wealth management. This means that your rates won’t go up unexpectedly due to a big project or sudden, unforeseen need.
As a practical measure of the financial complexity of each client, we base our ongoing fees for Wealth Management on assets under management [1], subject to certain minimum asset levels, as outlined.
Clients who reside outside the territorial US pay modestly higher fees due to the additional complexity involved. Please contact us for details.
| Client age | Investment minimum |
|---|---|
| 20–29 years | $300,000 |
| 30–39 years | $400,000 |
| 40–49 years | $500,000 |
| 50–59 years | $750,000 |
| 60 years + | $1,000,000 |
Ongoing fees for wealth management
1.00% of the first $1,000,000 of invested assets, plus
0.80% of the next $2,000,000 of invested assets, plus
0.60% of the next $3,000,000 of invested assets, plus
0.40% of the remaining amount.
Pathfinder
For emerging wealth
Our Pathfinder service is designed for young clients who wish to engage with our holistic wealth management but do not yet have the qualifying investments.
Once the age-based minimums for standard wealth management are reached, clients graduate from Pathfinder and are subject to the holistic wealth management fees.
Pathfinder clients enjoy significantly lower minimum asset requirements determined by age and committed savings.
To continue in the Pathfinder program, clients must commit to regular savings goals.
Pathfinder fees are charged at a uniform rate of 1.25% of assets under management (AUM) [1]cc.
[1] Clients enrolled in either Pathfinder or the Holistic Wealth Management program should expect Griffin Black to manage all their available investment assets, unless otherwise agreed upon. “Available investment assets” include investments that are, or can be, managed independently by the client. That excludes a current employer’s workplace retirement accounts (e.g., 401(k) or 403(b) accounts), but does include legacy retirement accounts that can be rolled over at the client’s discretion. If some available assets remain ‘held away,’ Griffin Black retains the right to include them in our advisory fee base because they still comprise part of the wealth that the firm necessarily takes into consideration in its planning efforts.
For sophisticated investors
Standalone Investment Management
If you do not need or do not wish to engage in our holistic wealth management, we offer standalone investment management for your portfolio. Fees for this service are based on assets under management (AUM) and are assessed quarterly, in arrears.
Our fees for standalone investment management
1.00% of the first $1,000,000, plus
0.60% of the next $2,000,000, plus
0.35% of the remaining amount.