Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Walden Wealth Partners LLC Overview
Walden Wealth Partners LLC is a investment advisory firm based in Solon, OH that specializes in providing investment advice to individuals and small businesses. The firm has been in business since 2016 and has quickly established a reputation for providing high-quality financial planning and portfolio management services. The firm operates on a fee-only basis, meaning that clients only pay for the services they receive, with no commissions or hidden fees involved. As a registered investment advisory firm, Walden Wealth Partners LLC is authorized to provide investment advice to clients and is required to act in their best interests at all times. The firm's services include financial planning, which involves developing a comprehensive financial plan that takes into account the client's goals, risk tolerance, and financial situation. The firm also offers portfolio management services, which involves managing investments on behalf of clients to ensure that their investment portfolios are properly diversified and aligned with their long-term financial goals. Overall, Walden Wealth Partners LLC is a reliable and trustworthy investment advisory firm that provides clients with the guidance and support they need to achieve financial success. With its fee-only fee arrangement and focus on investment advice only, the firm is well-positioned to meet the needs of individuals and small businesses seeking professional financial planning and portfolio management services.
WALDEN WEALTH PARTNERS LLC caters to a diverse range of clients, including individuals and high net worth individuals seeking financial guidance and investment management services. The firm's team of experienced advisors offer personalized solutions to help clients achieve their financial goals, whether it be planning for retirement, growing their wealth or preserving their assets for future generations. WALDEN WEALTH PARTNERS LLC offers flexible fee structures depending on the specific services provided. Clients may choose from either a percentage of assets under management (AUM) or a fixed fee arrangement. The percentage of AUM model involves a fee based on the value of the assets being managed, while the fixed fee structure charges a set amount of money for specific services regardless of the size of the portfolio. Each fee structure has its advantages and disadvantages, and WALDEN WEALTH PARTNERS LLC works with clients to select the most appropriate and cost-effective option based on their unique needs and circumstances.
Typical Clients, Fee Structures & Investment Minimum
According to the note in Walden Wealth Partners LLC's Part 2 Brochure, the firm does not have an investment minimum. While there is a minimum and maximum fee for wealth management services, clients are not required to have a minimum amount of assets.
How This Office Can Help Solon, OH Residents
Walden Wealth Partners LLC assists clients in Solon, OH by providing comprehensive financial services that help meet their unique needs and goals. The firm takes a holistic approach to wealth management, focusing on areas such as investment management, retirement planning, tax strategies, and estate planning. They recognize that every client has different financial situations and goals and work closely with them to create customized financial plans that align with their unique needs. Those living in Solon, OH may be facing financial situations such as planning for retirement, managing their investments, preparing for education costs, or creating an estate plan. Walden Wealth Partners LLC assists with all of these challenges and provides comprehensive solutions to their clients' ongoing financial needs. The firm's goal is to help clients achieve financial independence and build long-term wealth.
Services Offered by Walden Wealth Partners LLC
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Walden Wealth Partners LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
Other Office Locations
This firm has no other locations.
State Registrations
Walden Wealth Partners LLC is registered to service clients in the following states:
- Illinois
- Ohio
Disciplinary History
Walden Wealth Partners LLC does not have any disclosures. Please visit it's Form ADV for more details.