Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Pension Consulting Services
- Selection of Others Advisors
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pension & Profit Sharing Plans
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
- Other
Salvus Wealth Management, LLC Overview
Salvus Wealth Management, LLC is a fee-only registered investment advisory firm that specializes in providing investment advice to individuals and small businesses. The firm was founded in 2019 and is headquartered in Red Bank, NJ. As a fee-only firm, Salvus avoids conflicts of interest by not accepting commissions or other incentives for the sale of financial products. Salvus Wealth Management offers a range of services including financial planning, portfolio management, pension consulting services, and selection of other advisors. The firm takes a comprehensive approach to financial planning, helping clients to develop a customized plan that takes into account their unique financial goals, risk tolerance, and time horizon. Portfolio management services are designed to help clients build and manage a diversified portfolio that is tailored to their individual needs and investment objectives. In addition to its core services, Salvus also provides pension consulting services to small businesses, helping them to choose the best pension plan for their needs and assisting with plan administration. The firm also offers a selection of other advisors to help clients with specific financial planning needs, such as tax planning or estate planning. Overall, Salvus Wealth Management takes a holistic approach to investment management that is focused on helping clients achieve their financial goals.
SALVUS WEALTH MANAGEMENT, LLC serves a wide range of clients, including individuals, high net worth individuals, pension or profit sharing plans, and other types of corporations. Their clients trust them for their expertise in wealth management and their ability to provide tailored solutions that meet their clients' unique needs. The firm specializes in delivering comprehensive financial planning, investment management, and retirement planning services that can help their clients achieve their financial goals. When it comes to fees, SALVUS WEALTH MANAGEMENT, LLC offers a variety of fee structures to accommodate different service needs. For example, clients who rely on the firm for investment management services may be charged a percentage of assets under management (AUM) as a fee. This fee, which is typically a percentage of the account balance, helps cover the cost of portfolio management and other investment-related activities. Clients who require more customized services may benefit from an hourly fee model. This structure allows clients to pay only for the time and resources needed to complete a specific task or project. SALVUS WEALTH MANAGEMENT, LLC also offers fixed fees that cover the cost of a particular service, regardless of the time needed to complete it. Other types of fees that might be available include transaction fees, subscription fees, and performance-based fees. The team at SALVUS WEALTH MANAGEMENT, LLC works closely with each client to determine the most appropriate fee structure based on their unique needs and circumstances.
Typical Clients, Fee Structures & Investment Minimum
According to SALVUS WEALTH MANAGEMENT, LLC's Part 2 Brochure, there is no mention of an investment minimum.
How This Office Can Help Jacksonville, OR Residents
Salvus Wealth Management provides personalized financial planning and investment management services to clients in Jacksonville, OR. The firm understands the unique financial challenges that residents of this region may face, including navigating the local real estate market, managing a small business, or planning for retirement. Salvus works closely with clients to create customized financial plans that help them achieve their short-term and long-term goals. One of the key ways that Salvus helps clients in Jacksonville is through comprehensive retirement planning. With a large percentage of the population nearing retirement age, it is crucial to have a strong investment strategy in place. Salvus can help clients maximize their retirement savings and develop a retirement income plan that will support them throughout their golden years. In addition, the firm offers investment management services that can help clients build wealth and achieve financial security. By offering a wide range of financial services and expertise, Salvus Wealth Management is committed to helping clients in Jacksonville, OR achieve their financial goals.
Services Offered by Salvus Wealth Management, 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 Salvus Wealth Management, 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.
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.
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).
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
Firm Headquarters
This firm has no other locations.
State Registrations
Salvus Wealth Management, LLC is registered to service clients in the following states:
- Connecticut
- Florida
- New Jersey
- New York
- Texas
Disciplinary History
Salvus Wealth Management, LLC does not have any disclosures. Please visit it's Form ADV for more details.