Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Pension Consulting Services
- Publication of Periodicals or Newsletters
- Educational Seminars & Workshops
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
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
Strategic Wealth Partners, Ltd. Overview
Strategic Wealth Partners, Ltd. is a registered investment advisory firm that specializes in investment advice. The firm is headquartered in Independence, OH and has been in business since 2014. One of the unique aspects of the firm is its fee-only structure, which ensures clients receive objective advice free from conflicts of interest. Strategic Wealth Partners, Ltd. offers a wide range of investment-related services to individuals and small businesses, including financial planning, portfolio management, and pension consulting. In addition, the firm publishes periodicals and newsletters to keep clients informed about market trends, investment opportunities, and other relevant news. They also offer educational seminars and workshops to help clients better understand and navigate the complexities of the financial world. Overall, Strategic Wealth Partners, Ltd. is dedicated to providing exceptional investment advice and guidance to its clients. With their fee-only structure, extensive range of services, and commitment to education and communication, the firm is well positioned to meet the needs of investors looking to grow and protect their wealth over the long term.
STRATEGIC WEALTH PARTNERS, LTD. serves a diverse range of clients, which includes individuals seeking financial guidance and high net worth individuals looking to protect and grow their wealth. The firm understands the unique needs and concerns of each of its clients and tailors its services accordingly. Whether it’s creating a personalized investment strategy, developing a comprehensive financial plan, or managing assets, STRATEGIC WEALTH PARTNERS, LTD. is committed to helping its clients achieve their financial goals. When it comes to fee structures, STRATEGIC WEALTH PARTNERS, LTD. offers several options depending on the services provided. For those who entrust the firm with the management of their assets, they will be charged a percentage of assets under management (AUM) as a fee. This provides a transparent way to ensure that the firm’s interests are aligned with the client’s interests, and encourages long term, stable growth. For clients who require more transactional or one-off advice, hourly rates or fixed fees are also available. Whatever the service provided, STRATEGIC WEALTH PARTNERS, LTD. ensures its clients are fully aware of the fees involved and the value that its services bring to their financial well-being.
Typical Clients, Fee Structures & Investment Minimum
The investment minimum for Strategic Wealth Partners, Ltd. is $250,000, as mentioned in their Part 2 Brochure note about investment minimums. This minimum account balance is required for their Comprehensive Portfolio Management service and is generally non-negotiable, meaning it would be required throughout the course of the client's relationship with the firm.
How This Office Can Help Menomonee Falls, WI Residents
Strategic Wealth Partners is committed to providing comprehensive wealth management services to individuals in Menomonee Falls, WI. Our team of experienced financial professionals has years of experience in helping clients navigate complex financial situations. We work with clients to develop customized financial plans that align with their unique goals and objectives. Menomonee Falls residents are faced with several financial challenges, including planning for retirement, managing debt, saving for education, and protecting their assets. At Strategic Wealth Partners, we understand the importance of creating a sound financial plan that addresses these challenges. Our team works with clients to develop a comprehensive approach to managing their finances, which includes investment management, retirement planning, estate planning, tax planning, and more. We aim to provide peace of mind to our clients, so they can focus on enjoying their lives without worrying about their financial future.
Services Offered by Strategic Wealth Partners, Ltd.
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 Strategic Wealth Partners, Ltd. 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
Firm Headquarters
This firm has no other locations.
State Registrations
Strategic Wealth Partners, Ltd. is registered to service clients in the following states:
- California
- Colorado
- Florida
- Georgia
- Illinois
- Louisiana
- Maryland
- Massachusetts
- New Hampshire
- New Jersey
- New York
- North Carolina
- Ohio
- Oregon
- Pennsylvania
- South Carolina
- Tennessee
- Texas
- Virginia
- Washington
- West Virginia
Disciplinary History
Strategic Wealth Partners, Ltd. does not have any disclosures. Please visit it's Form ADV for more details.