Firm
Bernard Wealth Management Corp.
Royal Oak, Michigan
Fee-only
Bernard Wealth Management Corp. at a glance
- One of 237 fee-only firms based in Michigan in the Wellspent graph.
- 3 advisors are listed here; 1 of 3 hold the CFP.
- Its Form ADV reports 4 employees and 327 individual clients, 116 of them high net worth.
- Its average account is about $371,000 (assets it manages divided by its 848 accounts).
Fee-only advisors in Michigan · What fee-only advisors charge in Michigan
Facts
| Based in | Royal Oak, Michigan |
|---|---|
| Website | bernard-wealth.com |
| [email protected] | |
| Phone | (248) 556-2900 |
Bernard Wealth Management Corp. fees
What the firm's own website says it charges, checked October 28, 2026. We keep a price only when the exact words stating it appear on the page.
| Account minimum | $250,000 |
|---|---|
| How it charges | Percentage of assets |
In the firm's words
"Our stated minimum is $250,000 of investible assets." source
"Our sole source of revenue is investment management fees, which are generally based on a percentage of assets under management." source
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Hourly · Fixed fees |
|---|---|
| Assets managed | $314 million |
| Individual clients | 211 |
| High-net-worth clients | 116 |
| Accounts managed | 848 |
| Employees | 4 |
| Planning clients | 26-50 |
| Registered with | The SEC (801-119146) |
| Financial planning | Offered |
| Form ADV filed | October 7, 2026 |
| SEC record | CRD 159533 |