At MAMR Wealth Management, we help with the path through the seasons of the year and of life. Our unique approach helps guide, clarify, & simplify wealth management. The following list shows examples of potential services. Guidance begins with determining what is truly relevant in each specific client situation:
- Short-term, Mid-term, &
- Long-term Financial Picture
- Estate Planning
- Funding Care
- Connection with Tax & Legal Resources
- Tax Reduction Strategies
- Succession Planning
- Charitable Planning
- Generational Wealth
- Account Research & Recommendation
- Implementation with Monitoring
- Selection from Array of Resources:
- Managed Accounts
- Stocks, Mutual Funds, ETFs,
- REITS & Other Alternatives
- ESG or Sustainable Strategies
- 1031 / DST Solutions
- Tax Reporting
- Cash Management
- Roth Conversions
- Employer Plans:
- 401k, 403b, SIMPLE IRA
- Risk Management:
- Life Insurance
- Guaranteed Income
*We provide services designed to fit each client's unique situation and goals. Our compensation is determined with fairness and mutual agreement.
The following are Frequently Asked Questions (FAQ) and Answers that can be relevant to being a client:
Following the initial free 20-minute introductory consultation, Mary Anne will have a 1.5-2 hour meeting to listen and gather information regarding the new client's situation, needs, and goals.
At the conclusion of this meeting, for those who will receive comprehensive planning or investment services, with asset management, there is an initial financial planning retainer of a minimum $2500. That retainer could be higher, depending on the complexity of the client’s situation. Exceptions may be made depending on the assets being brought under management and will be determined with mutual agreement.
If the new client is an employer plan participant in an employer plan that MAMR Wealth Management services, there’s no initial engagement fee.
If a client chooses to receive ongoing fee-only financial organizing/planning guidance, then the quarterly cost is sliding scale according to the client’s income & asset complexity. Minimum $1000 per quarter.
Hourly charges for “one-off” financial planning, research, and/or recommendations, start at $450 per hour.
Managed investment accounts are charged 2%. A separate holistic planning charge is either included in that %, or charged independently. The amounts are determined based on factors including the size of the account and the individual's situation, and are clearly disclosed prior to the account opening process.
Sometimes a relevant solution can involve a product that pays a commission to MAMR. Examples: life insurance, long term care “hybrid” insurance contracts, commissionable investment products such as certain preferred share classes, etc.. Such a product is implemented only after careful consideration and mutual agreement.
Generally, in the first year, there are 3 new client meetings after the initial brief introductory meeting. First, to establish what action recommendations there are. Next, to check the implementation of those recommendations and discuss any questions. Finally, to discuss the accounts or “to do’s” after they’ve been established, to see progress or cover questions.
After the first year, depending on the size of the assets under management, or the complexity of the financial picture, the client has from 1 to 3 meetings a year with Mary Anne.
Ø Commitment to honesty & truthfulness
Ø Client-centric & collaborative
Ø Proactive & innovative
Ø Accessible & ready to help
Ø Experienced, knowledgeable, ever-learning