Anyone work with "Dentist Advisors?"

[jonce17]

Or know how they charge?

[jfoxcpacfp]

bump

[cgossage]

I'm not familiar with them, but from their ADV it looks like they charge $495/month for wealth management, and 1.4% asset management fee that scales downwards.  Their principal is also an insurance agent and earn commissions from disability and life insurance products they sell.

[Hank]

Their principal was a Northwestern Mutual Life salesguy, but apparently doesn’t push insurance policies on investment clients anymore.

The fees seem too high to me. $2500 initial account setup, $495 per month for financial planning, plus asset under management fees starting at 1.4% per year.

You really ought to pull their SEC Form ADV and part 2 brochure from Broker Check.


Asset Breakpoint Levels Quarterly Asset Charge Annual Fee
First $150,000 0.35% 1.40%
Next $250,000 0.30% 1.20%
Next $350,000 0.25% 1.00%
Next $250,000 0.20% 0.80%
Next $2,000,000 0.15% 0.60%
Next $7,000,000 0.13% 0.50%
Next $15,000,000 0.10% 0.40%
Next $25,000,000 Negotiable Negotiable
(and above)

[Ryan]

Hank wrote:

Their principal was a Northwestern Mutual Life salesguy, but apparently doesn’t push insurance policies on investment clients anymore.

The fees seem too high to me. $2500 initial account setup, $495 per month for financial planning, plus asset under management fees starting at 1.4% per year.

You really ought to pull their SEC Form ADV and part 2 brochure from Broker Check.

Asset Breakpoint Levels Quarterly Asset Charge Annual Fee
First $150,000 0.35% 1.40%
Next $250,000 0.30% 1.20%
Next $350,000 0.25% 1.00%
Next $250,000 0.20% 0.80%
Next $2,000,000 0.15% 0.60%
Next $7,000,000 0.13% 0.50%
Next $15,000,000 0.10% 0.40%
Next $25,000,000 Negotiable Negotiable
(and above)

Click to expand...

Nice, didn't know about this one.

https://www.adviserinfo.sec.gov/IAPD/IAPDFirmSummary.aspx?ORG_PK=149559