Independent Wealth Management

Wealth Management Firm in Farmingdale, NJ

Firm Info
Address: 3349 NJ-138 A, Wall Township, NJ 07719, USA
Phone: (732) 280-7550

Firm Size
Assets Under Management: $153.1 million
# of Advisors: 3
# of Clients: 498
Client to Advisor Ratio: 166:1
Average Account Size: $307,421
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Portfolio Management for Businesses or Institutional Clients
  • 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
  • Charitable Organizations

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Hourly
  • Fixed Fees (Other than subscription)
  • Other

Get Connected with a Financial Advisor

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Independent Wealth Management, LLC Overview

Edward Jones is a fee-based registered investment advisory firm that has been in business since 1963. The firm is headquartered in St. Louis, MO and offers a range of financial services to its clients. As both a broker-dealer and insurance broker/agent, they specialize in providing investment advice to individuals, small businesses, and institutional clients. The firm's service offerings include portfolio management for both individual and business clients, as well as pension consulting services. They also provide clients the option to select advisors from their network of experienced professionals. With decades of experience in the finance industry, Edward Jones has established a reputation for providing high-quality investment advice tailored to the unique goals and needs of each of their clients. Their fee-based fee arrangement ensures that the interests of their clients are always front and center, making them a trusted partner for anyone seeking sound financial advice.

INDEPENDENT WEALTH MANAGEMENT, LLC provides a wide range of services for a diverse clientele. The firm serves individuals, including high net worth individuals seeking personalized investment strategies. In addition, INDEPENDENT WEALTH MANAGEMENT, LLC expertly manages the finances of pension and profit sharing plans for businesses. Charitable organizations can also benefit from the firm's assistance with philanthropic planning and management. When it comes to fees, INDEPENDENT WEALTH MANAGEMENT, LLC offers several structures depending on the service provided. For clients seeking investment management services, the firm charges a percentage of assets under management (AUM). Clients can also opt for hourly consultations or fixed fees for financial planning, tax strategy, or retirement planning services. Other types of fees may include performance-based fees or transaction-based fees. INDEPENDENT WEALTH MANAGEMENT, LLC strives to offer transparent fee structures and works closely with clients to find the most suitable and cost-effective solutions for their financial management needs.

Typical Clients, Fee Structures & Investment Minimum

The Part 2 Brochure for Independent Wealth Management, LLC states that there is no investment minimum for starting or maintaining a managed account. However, clients should note that there is a minimum fee of $1,250 per quarter ($5,000 per year). The firm may choose to lower or waive this minimum annual fee at their discretion.

How This Office Can Help Farmingdale, NJ Residents

Independent Wealth Management provides valuable financial advice and guidance to clients in Farmingdale, NJ, helping them to navigate the unique financial challenges faced by residents of this area. With many residents working in industries such as agriculture, fishing, and tourism, it’s important for a financial advisor to have an understanding of the specific financial situations that these clients may be facing. One of the most significant challenges that Farmingdale, NJ residents may face is the fluctuation of income that comes with seasonal work. For example, many farmers earn most of their income during harvest season, which means they must budget and plan carefully to ensure they have enough money to last through the slower months. Independent Wealth Management can help clients to create a plan that takes into account these fluctuations in income, ensuring that they can manage their finances effectively throughout the year. Additionally, the team at Independent Wealth Management can work with clients to create a retirement plan that meets their unique needs and goals, providing peace of mind and financial security for the future.

To view the Minimum Investment and Fee Schedule for Independent Wealth Management, LLC, visit their Part 2 Brochure.

Services Offered by Independent 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 Independent 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)
Hourly
Fixed Fees (Other than subscription)
Other
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Performance-based Fees

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

Firm location 3349 NJ-138 A, Wall Township, NJ 07719, USA
Phone (732) 280-7550
Opening Hours
  • Mon 9 AM–5 PM
  • Tue 9 AM–5 PM
  • Wed 9 AM–5 PM
  • Thu 9 AM–5 PM
  • Fri 9 AM–5 PM
  • Sat Closed
  • Sun Closed
Directions
Google My Business Reviews:
5 Stars  |  1 Reviews

Other Office Locations

Firm Headquarters
Firm headquarters location 236 1/2 E. FRONT ST, TRAVERSE CITY, MI 49684, United States

This firm has no other locations.

State Registrations

Independent Wealth Management, LLC is registered to service clients in the following states:

  • Florida
  • Michigan

Disciplinary History

Independent Wealth Management, LLC does not have any disclosures. Please visit it's Form ADV for more details.