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
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)
- Other
Iht Wealth Management LLC Overview
IHT Wealth Management LLC is a registered investment advisory firm that offers fee-based financial planning, portfolio management, and insurance brokerage services to individuals, small businesses, and institutional clients. Since its establishment in 2014, the firm has been headquartered in Chicago, IL. As a fee-based advisory firm, IHT Wealth Management LLC aims to provide comprehensive investment advice to its clients while remaining objective and transparent. The firm offers a range of services, including financial planning, portfolio management, and selection of other advisors. Clients can be assured that the firm operates under a fiduciary standard, meaning that it always puts the client's best interest first. IHT Wealth Management LLC specializes in portfolio management for businesses or institutional clients, where the firm's expertise in investment management and risk management is applied. It provides customized portfolio management strategies that are tailored to each client's unique needs, risk tolerance, and objectives. In addition to portfolio management, the firm also provides insurance brokerage services that are designed to protect clients from financial risks associated with unexpected events. Overall, IHT Wealth Management LLC is committed to providing clients with high-touch, personalized investment advice that is grounded in a deep understanding of the complex financial landscape. Whether the client's goal is to grow their wealth, manage risk, or protect their assets, the firm's team of experienced advisors is dedicated to helping clients achieve their financial objectives.
IHT Wealth Management LLC caters to a diverse range of clients, including both individuals and high net worth individuals. The firm is equipped to offer customized solutions to people from various walks of life, meeting the specific needs and goals of each client with utmost diligence. The firm's team of experienced advisors provides an array of services, including investment, financial, and retirement planning as well as tax planning, estate planning, and insurance planning. When it comes to fee structures, IHT Wealth Management LLC offers flexible options, depending on the client's requirements. The firm charges a percentage of Assets Under Management (AUM) fee for its investment advisory services, which varies on the amount of AUM managed by the firm. Besides, the firm also offers hourly fee structures for clients seeking specific financial planning services or advice. Other fee structures may be available based on the type of services rendered, depending on the client's preferences and needs. The firm is transparent in its fee structures, ensuring that clients are aware of the cost of services for proper financial planning and budgeting.
Typical Clients, Fee Structures & Investment Minimum
IHT Wealth Management LLC's Part 2 Brochure does not mention an investment minimum.
How This Office Can Help Northfield, IL Residents
As a financial advisor at Edward Jones, Chad McCleary offers personalized financial guidance to clients in Kankakee County, IL. He takes a personalized approach to help clients achieve their financial goals by developing strategies that are tailored to their specific needs and circumstances. Chad knows the unique financial situations faced by residents of Kankakee County, such as saving for a child's education, planning for retirement, or avoiding debt. He helps his clients manage their finances and make wise investment decisions to ensure their financial success. With years of experience in the financial industry, Chad employs proven strategies and techniques to help clients develop a clear financial plan that aligns with their goals. He emphasizes the importance of taking a proactive approach to financial planning and educates his clients on the various investment options available to them. By providing ongoing support and guidance, Chad McCleary helps his clients manage their wealth and achieve financial stability.
Services Offered by Iht 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 Iht 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
Iht Wealth Management LLC is registered to service clients in the following states:
- Alabama
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Florida
- Georgia
- Illinois
- Indiana
- Iowa
- Kansas
- Louisiana
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Missouri
- Nebraska
- Nevada
- New Jersey
- New York
- North Carolina
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- South Carolina
- Tennessee
- Texas
- Utah
- Virginia
- Washington
- Wisconsin
Disciplinary History
Iht Wealth Management LLC does not have any disclosures. Please visit it's Form ADV for more details.