Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management of Pooled Investment Vehicles
- Portfolio Management for Businesses or Institutional Clients
- Selection of Others Advisors
- Publication of Periodicals or Newsletters
- Educational Seminars & Workshops
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pooled Investment Vehicles
- Pension & Profit Sharing Plans
- Charitable Organizations
- Other
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
- Other
5T Wealth, LLC Overview
5T Wealth LLC is an investment advisory firm in Napa, California that provides financial planning services and portfolio management for individuals and small businesses. The firm specializes in investment advice only, offering clients a fee-only arrangement to ensure unbiased advice. Established in 2003, the firm has over 18 years of experience in providing quality investment solutions to clients. 5T Wealth LLC caters to both individual and institutional clients by offering portfolio management of pooled investment vehicles, businesses, or institutional clients. The firm also assists clients with the selection of other advisors and offers educational seminars and workshops. Their range of services provides clients with a comprehensive approach to their financial health. 5T Wealth LLC is committed to providing its clients with access to a wealth of information and has a tradition of publishing periodicals and newsletters to educate clients on financial topics. Their unyielding dedication to the education of clients has made them one of the most respected investment advisory firms in California. With a focus on long-term planning and investment, 5T Wealth LLC is a reliable partner for a secure financial future.
5T Wealth, LLC serves a wide range of clientele, including individuals, high net worth individuals, pooled investment vehicles, pension or profit sharing plans, charitable organizations, and other types of clients. Depending on the needs and preferences of each client, the firm offers a variety of fee structures. These may include a percentage of assets under management, hourly fees, fixed fees, or other types of fees. The choice of fee structure will often depend on the nature and scope of the service provided, as well as the goals and budget of the client. For instance, a high net worth individual may prefer a percentage of assets under management fee structure, while a charitable organization may prefer an hourly or fixed fee structure. Whatever the case may be, 5T Wealth, LLC strives to provide transparent and competitive fee structures that align with the best interests of its clients.
Typical Clients, Fee Structures & Investment Minimum
The investment minimum for 5T Wealth, LLC is $250,000, as stated in their Part 2 Brochure note about investment minimums. This applies to discretionary advisory clients, meaning clients who have given 5T the authority to make investment decisions on their behalf. However, the note also mentions that this minimum may be waived in certain circumstances at the discretion of the firm's principals.
How This Office Can Help Napa, CA Residents
5T Wealth, LLC is a financial advisory firm that assists clients in Napa, CA, with their wealth management goals. Napa is known for its lively wine industry, and clients in this area may have unique financial situations related to vineyard and winemaking operations. 5T Wealth, LLC provides personalized guidance for clients looking to manage their wealth, plan for retirement, and help their families secure their financial futures. Additionally, 5T Wealth, LLC offers guidance on tax-efficient investments and helps clients navigate the complex world of estate planning. In Napa, CA, high net worth individuals may face challenges related to managing their wealth as they are often invested in businesses such as wineries, restaurants, and vineyards. 5T Wealth, LLC can help clients navigate these challenges by offering expert financial advice, analyzing market trends, and creating custom portfolios suited to their individual goals. Furthermore, with the number of baby boomers in Napa, more and more clients require retirement planning and estate planning services, which 5T Wealth, LLC specializes in.
Services Offered by 5T Wealth, LLC
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 5T Wealth, LLC 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.
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.
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).
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
5T Wealth, LLC is registered to service clients in the following states:
- California
- Oregon
- Texas
Disciplinary History
5T Wealth, LLC does not have any disclosures. Please visit it's Form ADV for more details.