The Cost of Our Services

It is our steadfast belief that, prior to making strategic long-term investment decisions, one should first identify and qualify the specific long-term goals one wants to achieve.  Oftentimes, the best and most efficient investment path to achieve these goals requires an intricate personal plan that incorporates many factors.

 

Using financial independence as one example, we feel a comprehensive asset accumulation and decumulation analysis should be designed, factoring in uncertain market returns, life expectancy, the effects of inflation, estate planning, health care and legacy concerns.  The complexity of this plan can increase further as wealth increases.

 

The unique attributes of M.J. Smith & Associates can help sort out the complexities. Our practice is comprised of CERTIFIED FINANCIAL PLANNERTM practitioners, Certified Public Accountants (CPA), Certified Investment Market Analysts (CIMA®), a Chartered Financial Analyst® (CFA®) and a Certified Divorce Financial Analyst™ (CDFA™).  They work as a team to help each of our clients address the following areas with their CPA and legal team:

  • Retirement Planning
  • Estate Planning
  • Risk Management
  • Income Tax Planning
  • Portfolio Design & Monitoring
  • Education Planning

As wealth increases, the complexities in life often follow.

Investment & Wealth Management

-  Concierge Services  -

Investment & Wealth Management

-  Concierge Services  -

The initial planning fee is $3,000 but may be more or less depending upon the client’s complexity. We will provide a firm quote in a written engagement letter prior to commencement of the planning.

 

Our full concierge service integrates investment and retirement planning along with pro-active tax, estate and risk management planning.  You will receive a customized portfolio design with regular face-to-face meetings and coordination with your CPAs, attorneys and other advisors.

Under $1MM(a)

Next $1MM - $3MM

Next $3MM - $6MM

Next $6MM - $10MM

Over $10MM

1%

.8%

.7%

.6%

.5%

.25%

.20%

.175%

.15%

.125%

Annualized Fee

Assets Managed

Quarterly Fee

(a) Firm minimum required revenue = $5,000/yr.

In an asset-based fee relationship, you pay a fee (charged quarterly) for the advice and services provided by your financial advisor as a part of the advisory relationship. This fee is based on the level of assets in your account, independent of the level of trading activity. By deciding to pay a fee based on services provided rather than transactions, you should understand that the fee may be higher than the cost of a commission alternative during periods of lower trading activity.  Advisory fees are in addition to the internal expenses you may incur from mutual funds and other investment company securities. If you intend to hold these types of securities, you should consider internal expenses when evaluating the costs of a fee-based account, and reevaluate as necessary to be sure an asset-based fee is still appropriate for your needs.

Investment Only Services

wealthpath

Investment Only Services

wealthpath

For certain investors that wish to forgo comprehensive financial planning, face-to-face meetings and the additional services referenced above, we offer on online asset management service at a reduced cost. Click here for more information.

Est. 1983

Investor Access

Barron's

Top 1200 Advisors

2007-2018*

Forbes'

Top 100

Advisors

2016-2018*

Financial

Times Top 400

Advisors

2013, 2014,

2017*

Ph: 303.768.0007

*The Forbes ranking of America's Top Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative and quantitative data, rating thousands of wealth advisors with a minimum of seven years of experience. Ranking algorithm is based on quality of practice, including: telephone and in-person interviews, client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: assets under management and revenue generated for their firms. Investment performance is not a criteria because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. Rankings are based on the opinions of SHOOK Research, LLC which does not receive compensation from the advisors or their firms in exchange for placement on the ranking. Research Summary (as of July 2016): 11,235 Advisor nominations were received, based on thresholds. 4,000 Advisors were invited to complete the online survey. 2,500 Advisors were interviewed by telephone. 425 Advisors were interviewed in person at the Advisors' location. Final list of the top 200 Advisors was then compiled based upon the quantitative criteria. Raymond James is not affiliated with Forbes or Shook Research, LLC. This ranking is not indicative of future investment performance, is not an endorsement, and may not be representative of individual clients' experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating.  Barron's Top 1200 Advisors - Winner's Circle, a Barron's research organization, produced the rankings based on data provided by over 4,000 individual advisors and their firms. Advisor data is confirmed via regulatory databases, cross-checks with securities firms and conversations with individual advisors. Among the factors considered for the rankings are assets under management, revenue that the advisors generate for their firms and the quality of their practices. Data points that relate to quality of practice include length of service, designations held, and services beyond investments offered including estates and trusts, and an evaluation of each advisor's regulatory record etc. Investment performance is not an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients' risk tolerance than by an advisor's investment picking abilities. The ranking may not be representative of any one client's experience, is not an endorsement, and is not indicative of future performance. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. Barron's is not affiliated with Raymond James.   Financial Times Top 400 - The FT 400 was developed in collaboration with Ignites Research, a subsidiary of the FT that provides specialized content on asset management. To qualify for the list, advisers had to have 10 years of experience and at least $300 million in assets under management (AUM). The FT then invited a list of just under 1,000 advisors to complete a survey used to obtain more information on the advisors’ practices. 400 qualified advisers were then scored on six attributes: AUM, AUM growth rate, compliance record, experience, industry certifications and online accessibility. AUM is the top factor, accounting for roughly 60-70 percent of the applicant's score. Additionally, to provide a diversity of advisors, the FT placed a cap on the number of advisors from any one state that's roughly correlated to the distribution of millionaires across the U.S. The ranking may not be representative of any one client's experience, is not an endorsement, and is not indicative of future performance. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. The FT is not affiliated with Raymond James.

1. Raymond James does not provide any tax advice or tax services. Links are being provided for information purposes only.  Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors.  Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users and /or members.  M.J. Smith and Associates is independent of Raymond James. Raymond James financial advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability.

As wealth increases, the complexities in life often follow.

The Cost of Our Services

Investment &

Wealth Management

Concierge Services

Assets Managed

Annualized Fee

Quarterly Fee

Under $1MM(a)

Next $1MM-$3MM

Next $3MM-$6MM

Next $6MM-$10MM

Over $10MM

1%

.8%

.7%

.6%

.5%

.25%

.20%

.175%

.15%

.125%