Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Pension Consulting Services
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Charitable Organizations
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
Divergent Wealth Advisors, LLC Overview
Divergent Wealth Advisors, LLC is an investment advisory firm that specializes in providing fee-only investment advice. Since its establishment in 2017, this firm has made significant strides in the financial sector, offering a range of top-quality financial services to its clients. Its headquarters is located in South Jordan, UT, where a team of experienced professionals manages its operations. As a registered investment advisory firm, Divergent Wealth Advisors, LLC focuses solely on providing investment advice to its clients. They offer a range of financial planning services, including portfolio management for individuals and small businesses. The firm also works with businesses or institutional clients, providing portfolio management and pension consulting services. With a keen focus on fee-only services, Divergent Wealth Advisors, LLC is committed to delivering financial services that are free from conflict of interest. Its team of skilled professionals works in collaboration with clients to provide customized financial solutions that best fit their unique needs. Overall, this firm's commitment to delivering top-quality investment advice has cemented its position as a trusted player in the financial sector.
DIVERGENT WEALTH ADVISORS, LLC offers financial planning and investment management services to a variety of individuals, high net worth individuals, charitable organizations, and other types of corporations. The firm caters to clients who require customized solutions based on their unique financial circumstances and goals. Whether clients seek assistance with budgeting, retirement planning, estate planning, or investment management, DIVERGENT WEALTH ADVISORS, LLC has the expertise to provide tailored services that meet each client’s specific needs. Fee structures for services provided by DIVERGENT WEALTH ADVISORS, LLC vary depending on the nature of the service. Clients can opt for fee structures that include a percentage of assets under management (AUM), hourly fees, or fixed fees. The percentage of AUM is a common fee structure that takes into account the assets that DIVERGENT WEALTH ADVISORS, LLC manages on behalf of the client. Hourly fees are charged for services that require specialized expertise or in-depth analysis, and fixed fees are charged for services that can be quantified in terms of time and effort required. Clients can choose the fee structure that best suits their requirements and budget, ensuring that they receive top-quality services that meet their financial needs.
Typical Clients, Fee Structures & Investment Minimum
According to the Part 2 Brochure of DIVERGENT WEALTH ADVISORS, LLC, there is no specific mention of an investment minimum.
How This Office Can Help South Jordan, UT Residents
Divergent Wealth Advisors is a financial planning firm located in South Jordan, UT that assists clients in creating tailor-made financial plans to achieve their goals. One of the ways they help clients in South Jordan is by addressing the unique financial situations they may face. For example, many residents in South Jordan may have a high cost of living due to the booming housing market and the cost of living expenses. Divergent Wealth Advisors helps clients navigate these challenges by creating a personalized financial plan that balances their long-term savings goals with their short-term expenses. Additionally, residents of South Jordan may also be facing high levels of student debt or medical bills. Divergent Wealth Advisors helps their clients by providing expert advice on debt management, financial planning, and investment strategies. By addressing specific financial challenges and developing a customized solution, clients in South Jordan can rest assured that they are on track to achieve their financial goals.
Services Offered by Divergent Wealth Advisors, 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 Divergent Wealth Advisors, 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.
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.
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
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
- Mon 8 AM–4:30 PM
- Tue 8 AM–4:30 PM
- Wed 8 AM–4:30 PM
- Thu 8 AM–4:30 PM
- Fri 8 AM–4:30 PM
- Sat Closed
- Sun Closed
Other Office Locations
This firm has no other locations.
State Registrations
Divergent Wealth Advisors, LLC is registered to service clients in the following states:
- Arizona
- California
- Colorado
- Florida
- Idaho
- Nebraska
- Nevada
- New Hampshire
- New Mexico
- North Carolina
- Texas
- Utah
- Washington
Disciplinary History
Divergent Wealth Advisors, LLC does not have any disclosures. Please visit it's Form ADV for more details.