Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Pension Consulting Services
- Selection of Others Advisors
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
Mcglone Suttner Wealth Management, Inc. Overview
MCGLONE SUTTNER WEALTH MANAGEMENT, INC. is a registered investment advisory firm that specializes in providing investment advice only. They are a fee-only firm, meaning that they do not earn commissions or receive compensation from third-party providers, giving clients peace of mind knowing that their advice is unbiased. The firm is headquartered in Appleton, WI, and has been in the industry since 2018. MCGLONE SUTTNER WEALTH MANAGEMENT, INC. offers a variety of services to its clients. These services include financial planning, portfolio management for individuals and small businesses, and pension consulting services. They can help clients make informed decisions about their investments and create a comprehensive financial plan that takes into account their goals, risk tolerance, and overall financial situation. The firm also offers selection of other advisors. As experts in the industry, they work with other professionals to help clients choose the best advisors and investment products. This service allows clients to make more informed decisions and ensures that they are working with professionals who have the necessary expertise and experience. In summary, MCGLONE SUTTNER WEALTH MANAGEMENT, INC. is a registered investment advisory firm that specializes in investment advice only. Their fee-only model ensures that clients receive unbiased advice. They offer a range of services, including financial planning, portfolio management, pension consulting services and selection of other advisors. The firm's headquarters is located in Appleton, WI, and it has been operating since 2018.
MCGLONE SUTTNER WEALTH MANAGEMENT, INC. offers a diverse range of financial services, catering to the unique financial needs of different clients. The firm serves individuals looking to manage their wealth effectively, as well as high net worth individuals seeking to secure their financial future. The firm's extensive experience and expertise enables them to create customized financial plans that align with their clients' goals, risk tolerance, and investment preferences. MCGLONE SUTTNER WEALTH MANAGEMENT, INC. offers multiple fee structures, each designed to cater to clients' needs and preferences. Depending on the service provided, clients can choose to pay a percentage of assets under management (AUM), which typically ranges from 0.5% to 2%, an hourly fee based on the amount of time spent on the project, or a fixed fee based on the complexity of the services required. Their fee structure is transparent, and clients are informed of all associated costs upfront. The firm strives to provide convenient and affordable financial services, ensuring effective wealth management for their clients.
Typical Clients, Fee Structures & Investment Minimum
Unfortunately, it appears that the Part 2 Brochure for McGlone Suttner Wealth Management, Inc. does not mention an investment minimum.
How This Office Can Help Appleton, WI Residents
As a trusted wealth management firm in Appleton, WI, McGlone Suttner Wealth Management offers a wide range of services to assist clients in achieving their financial goals. Whether you are looking to plan for retirement, save for your children's education, or grow your wealth, their team of experienced advisors is committed to providing personalized guidance and support every step of the way. For individuals living in Appleton, WI, one common financial concern may be managing their retirement savings. McGlone Suttner Wealth Management can help you create a customized retirement plan that takes into account your unique financial situation, investment goals, and risk tolerance. They can also assist with estate planning, tax planning, and investment management to ensure that your finances are working hard for you and your family. With their diversified approach to investing, McGlone Suttner Wealth Management can help you navigate the complex world of financial markets and minimize risk while maximizing returns over the long-term.
Services Offered by Mcglone Suttner Wealth Management, Inc.
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Mcglone Suttner Wealth Management, Inc. most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
Other Office Locations
This firm has no other locations.
State Registrations
Mcglone Suttner Wealth Management, Inc. is registered to service clients in the following states:
- Colorado
- Florida
- Minnesota
- Texas
- Wisconsin
Disciplinary History
Mcglone Suttner Wealth Management, Inc. does not have any disclosures. Please visit it's Form ADV for more details.