Formation Wealth Management

Formation Wealth Management at a glance

• One of 570 fee-only firms based in Florida in the Wellspent graph.
• 1 advisor is listed here, who holds the CFP.
• Its Form ADV reports 1 employee and 43 individual clients, 23 of them high net worth.
• Its average account is about $403,000 (assets it manages divided by its 102 accounts).

Fee-only advisors in Florida · What fee-only advisors charge in Florida

Facts

Formation Wealth Management fees

Formation Wealth Management doesn't publish its prices on its website, or we couldn't confirm them word for word. Ask for its Form ADV Part 2A, which must describe its fees.

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

Advisors at this firm (1)

• Maximilian Neumayer

  CFP