Wealth Enhancement Group (2024)

FAQs

Wealth Enhancement Group? ›

Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of its clients. The firm continually seeks to perfect its craft of personalized financial planning with its team-based Roundtable™ and UniFi processes that go far beyond the standard approach.

Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of its clients. The firm continually seeks to perfect its craft of personalized financial planning with its team-based Roundtable™ and UniFi processes that go far beyond the standard approach.

Wealth Enhancement Advisory Services charges an hourly rate of up to $600 an hour or a flat fee of between $250 to $25,000 for a plan, depending on the complexity. For retirement plan consulting, Wealth Enhancement Advisory Services charges either up to $600 per hour or an asset-based fee of up to 1%.

Wealth Enhancement Group, as a fiduciary, has a long history of providing unbiased, independent advice to plan sponsors. We collaborate with you in the areas of prudent investment practices including plan governance, investment due diligence and ongoing monitoring.

What is the size of Wealth Enhancement Group? Wealth Enhancement Group has 1,300 total employees.

Jeff Dekko, Chief Executive Officer.

We are a top 5 National RIA* who creates a complimentary, detailed financial plan for every potential client. Our local presence is backed by our national Roundtable™ Specialists, who strive to provide extraordinary care with each comprehensive financial plan.

You might not need a wealth manager if you have clear goals and are confident you can create and implement strategies to protect and grow your wealth. However, a wealth manager may be a good idea if you have substantial assets, would benefit from an expert, and have questions you need help answering.

A financial advisor is worth paying for if they provide help you need, whether because you don't have the time or financial acumen or you simply don't want to deal with your finances.

Generally, having between $50,000 and $500,000 of liquid assets to invest can be a good point to start looking at hiring a financial advisor. Some advisors have minimum asset thresholds. This could be a relatively low figure, like $25,000, but it could $500,000, $1 million or even more.

Is Charles Schwab a fiduciary company? ›

We are committed to providing dedicated, ongoing trust administration that upholds your wishes for the future. Working with a corporate trustee like Charles Schwab Trust Company can give you: Objectivity. As a fiduciary, we will administer your trust in a professional and impartial manner.

Visit napfa.org to check their database. You can also research potential advisory firms through the SEC's adviser search tool. If the advisory firm is a federally Registered Investment Adviser, and thus a fiduciary, it will have what is called a Form ADV filing available to be viewed online.

As fiduciary, they must exercise the highest degree of care, loyalty, and candor toward their clients. This means that they are required to put your interests first when handling all aspects of your wealth management needs. They are also obligated to fully disclose any potential conflicts of interest.

“Your most powerful wealth-building tool is your income. And when you spend your whole life sending loan payments to banks and credit card companies, you end up with less money to save and invest for your future.

Ben Kingsley, Founder & Managing Director - Empower Wealth.

Wealth Club was founded in 2016 by Alex Davies, a former Hargreaves Lansdown director and shareholder and current Chief Executive of Wealth Club. The senior management has years of investment and industry experience.

The richest 1% own almost half of the world's wealth, while the poorest half of the world own just 0.75% In fact, they have acquired nearly twice as much wealth in new money as the bottom 99% of the world's population.