Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Selection of Others Advisors
- Publication of Periodicals or Newsletters
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)
- Hourly
- Fixed Fees (Other than subscription)
Wootton Financial Group Inc Overview
Northwestern Mutual Investment Services, LLC is a fee-based registered investment advisory firm with headquarters located in Milwaukee, WI. Since their establishment in 1971, this firm has provided investment advice to a diverse array of clients. Northwestern Mutual Investment Services holds a broker-dealer license and is also an insurance broker/agent, providing a full range of investment services to their clients. In addition to providing investment advice, Northwestern Mutual Investment Services offers investment research and referrals to other advisers. Their comprehensive approach to investment management ensures that clients receive tailored services to meet their unique needs. Northwestern Mutual Investment Services is committed to enhancing the financial well-being of their clients and helping them achieve their investment goals. As an established firm with decades of experience in the industry, Northwestern Mutual Investment Services is well-equipped to provide long-term, sustainable investment solutions. Their knowledgeable team of advisors offers expert advice through a personalized approach, providing clients with peace of mind and the ability to make informed decisions about their investments.
Wootton Financial Group Inc. serves a diverse range of clients, including individuals and high net worth individuals seeking tailored financial advice. Whether a client is just starting their financial journey or has already accumulated significant wealth, Wootton Financial Group Inc. offers a range of services to help them achieve their financial goals. When it comes to fee structures, Wootton Financial Group Inc. offers several options depending on the service provided. One common fee structure is a percentage of assets under management (AUM), which allows the firm to charge the client based on the size of their portfolio. This incentivizes the firm to help the client maximize their returns, since the more the client earns, the more the firm earns. Another option is an hourly fee, which is charged based on the time spent working on the client's behalf. Finally, fixed fees may be available for certain services, such as tax preparation or estate planning. Clients are encouraged to discuss these options with their advisor in order to determine what fee structure is best suited to their needs and financial situation.
Typical Clients, Fee Structures & Investment Minimum
Unfortunately, the Part 2 Brochure for WOOTTON FINANCIAL GROUP INC does not mention anything about their investment minimum. It is possible that they do not have any investment minimums or only disclose it to their clients during consultations or meetings.
How This Office Can Help Conroe, TX Residents
Wootton Financial Group is dedicated to helping clients in Conroe, TX achieve their financial goals. The firm provides a wide range of financial services including comprehensive financial planning, investment management, retirement planning, asset protection, and estate planning services. The team at Wootton Financial Group has extensive experience in working with clients in Conroe, TX and understands their unique financial situations. Conroe, TX is a growing city with a diverse population and varying financial situations. Some of the common financial challenges that people face in Conroe include managing debt, saving for retirement, planning for college education expenses, dealing with unexpected expenses, and protecting their assets. Wootton Financial Group tailors its services to meet the individual needs and goals of each client and develops customized financial plans to ensure that they achieve their desired outcomes. Whether you are a business owner, retiree, or working professional, the team at Wootton Financial Group can help you navigate the complexities of the financial world and achieve financial security and independence.
Services Offered by Wootton Financial Group Inc
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 Wootton Financial Group Inc 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
Other Office Locations
This firm has no other locations.
State Registrations
Wootton Financial Group Inc is registered to service clients in the following states:
- Louisiana
- Texas
Disciplinary History
Wootton Financial Group Inc does not have any disclosures. Please visit it's Form ADV for more details.