Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
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)
- Fixed Fees (Other than subscription)
Beacon Wealthcare LLC Overview
Beacon Wealthcare LLC is an investment advisory firm based in Raleigh, NC. Since its inception in 2021, the firm has been solely dedicated to providing investment advice to its clients with no commission-based fees involved. With their headquarters located in Raleigh, the firm offers financial planning services to individuals and small businesses alike. At Beacon Wealthcare LLC, the focus is on providing holistic portfolio management to clients to help them achieve their financial goals. The firm caters to diverse financial needs of their clients with tailor-made solutions that are dynamic and comprehensive. In keeping with its status as an investment advice-only firm, Beacon Wealthcare LLC places a high emphasis on portfolio management and financial planning. Whether it's asset allocation or investment selection, the firm prides itself on delivering expert-level advice designed to suit individual needs. For those looking to secure their financial future, Beacon Wealthcare LLC is the perfect ally.
BEACON WEALTHCARE LLC is a financial advisory firm that caters to a diverse range of clients seeking comprehensive wealth management services. At BEACON WEALTHCARE LLC, individuals from all walks of life and backgrounds receive personalized attention, tailored to their unique circumstances and financial objectives. With expertise in asset allocation, portfolio management, retirement planning, and estate planning, BEACON WEALTHCARE LLC is committed to delivering integrated financial solutions that fit each client's specific needs. As a result, the firm works with both individuals and high net worth individuals to help them achieve their goals. In terms of fee structures, BEACON WEALTHCARE LLC offers two options depending on the services the client requires. For those who choose to have their assets managed by the firm, BEACON WEALTHCARE LLC charges a percentage of their assets under management (AUM). This approach ensures that the firm's interests are aligned with those of its clients since the fee is proportional to the portfolio's performance. For clients who prefer a more traditional structure or require a specific service, BEACON WEALTHCARE LLC offers fixed fees. This approach is ideal for clients who need a specific plan for a particular period or those who don't have large investment portfolios. Regardless of the fee structure, BEACON WEALTHCARE LLC always provides complete transparency regarding its fees, ensuring that clients understand the costs involved with each service.
Typical Clients, Fee Structures & Investment Minimum
The investment minimum for opening an account with Beacon Wealthcare LLC is $5000, as stated in their Part 2 Brochure note about investment minimums. The note goes on to mention that there are additional minimum required account balances for account maintenance, automatic rebalancing, and tax-loss harvesting, which are described in their Program Disclosure Brochure.
How This Office Can Help Raleigh, NC Residents
Beacon Wealthcare, LLC. is a financial planning and advisory firm that assists clients in Raleigh, NC in managing their wealth and planning for their financial future. The firm offers a range of services including retirement planning, investment management, tax planning, estate planning, and insurance planning. For someone living in Raleigh, NC, there are several financial situations that they may face such as managing debt, saving for college education, saving for retirement, and managing taxes. Beacon Wealthcare, LLC. helps clients navigate these financial challenges by providing personalized financial planning and strategies tailored to their individual needs. They work closely with clients to understand their financial goals, risk tolerance, and investment objectives so that they can create a customized plan and investment portfolio that is designed to help them achieve their financial goals. With Beacon Wealthcare, LLC.'s expertise and guidance, clients in Raleigh, NC can be confident in their financial future.
Services Offered by Beacon Wealthcare 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 Beacon Wealthcare 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.
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
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.
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
- Mon 8 AM–5 PM
- Tue 8 AM–5 PM
- Wed 8 AM–5 PM
- Thu 8 AM–5 PM
- Fri 8 AM–5 PM
- Sat Closed
- Sun Closed
Other Office Locations
This firm has no other locations.
State Registrations
Beacon Wealthcare LLC is registered to service clients in the following states:
- California
- Florida
- Georgia
- Massachusetts
- New Hampshire
- New York
- North Carolina
- South Carolina
- Texas
- Virginia
Disciplinary History
Beacon Wealthcare LLC does not have any disclosures. Please visit it's Form ADV for more details.