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
- Pension & Profit Sharing Plans
- Charitable Organizations
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
Atlas Wealth Partners LLC Overview
Atlas Wealth Partners LLC is a registered investment advisory firm located in Wyomissing, PA, that has been in business since 2015. The firm is dedicated to offering investment advice and financial planning services for individuals and small businesses. As a fee only firm, Atlas Wealth Partners LLC does not charge commissions or receive any incentives for recommending specific investment products, ensuring an objective and client-focused approach to their services. The firm's headquarters located in Wyomissing, PA, serves as a hub for the range of high-quality financial services provided by the team of dedicated advisors. Atlas Wealth Partners LLC specializes in financial planning and portfolio management, with a focus on individual and small business clients. The firm's investment advisory services also provide clients with access to a range of investment vehicles designed to maximize returns and minimize risk. As a highly respected registered investment advisory firm, Atlas Wealth Partners LLC delivers a range of investment advice-only services to meet the needs of its discerning clients. Whether you're looking for comprehensive financial planning or portfolio management services, the professionals at Atlas Wealth Partners LLC can provide you with the expertise and support necessary to achieve your financial goals.
billing retainer fees performance-based fees ATLAS WEALTH PARTNERS LLC is a distinguished financial services firm that caters to a diverse range of clients. The clients served include individuals seeking personalized financial guidance, high net worth individuals with complex wealth management needs, pension or profit sharing plans, and charitable organizations dedicated to philanthropic endeavors. This remarkable firm provides an array of customized solutions that are tailored to meet the unique requirements of each client type, ensuring the highest level of satisfaction. ATLAS WEALTH PARTNERS LLC offers varied fee structures to clients based on the type of service provided. The firm subscribes to four types of fee structures: a percentage of assets under management (AUM), hourly billing, retainer fees, and performance-based fees. The percentage of AUM fee structure charges clients based on the assets managed by the firm, giving them a sense of transparency and ensuring their investment goals are met. The hourly billing structure is based on hourly consultation fees, with clients charged for the time spent on each consultation. The retainer fees are charged on a monthly or annual basis, ensuring clients have access to customized solutions that fit their financial needs. Finally, performance-based fees are charged when a specified performance target is met, incentivizing the firm to deliver exceptional returns. Overall, ATLAS WEALTH PARTNERS LLC takes pride in its client-centric approach, delivering bespoke solutions that keep clients at the forefront of everything it does.
Typical Clients, Fee Structures & Investment Minimum
According to the note about investment minimums on their Part 2 Brochure, Atlas Wealth Partners LLC requires each of their clients to invest a minimum of $100,000 with the firm. However, the minimum investment amount may be waived at the discretion of AWP.
How This Office Can Help Wyomissing, PA Residents
Atlas Wealth Partners assists clients in Wyomissing, PA by offering personalized solutions for various financial situations. For instance, clients may be interested in retirement planning, investment management, or estate planning. The team of financial advisors at Atlas Wealth Partners understands the specific challenges facing individuals in Wyomissing, PA. They work closely with clients to assess their financial standing and develop strategies that align with their goals, risk tolerance, and timelines. The residents of Wyomissing, PA may be seeking financial advice due to a variety of reasons. Some may be nearing retirement age and may want to ensure that they have enough money saved to fund their lifestyle during retirement. Others may be interested in diversifying their investments to minimize risk or creating an estate plan to protect their assets and minimize tax liability. Whatever the financial situation, Atlas Wealth Partners offers customized financial solutions that cater to the specific needs and goals of every client living in Wyomissing, PA.
Services Offered by Atlas Wealth Partners 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 Atlas Wealth Partners 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.
Unavailable
Subscription (Newsletter or Periodical)
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.
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
Atlas Wealth Partners LLC is registered to service clients in the following states:
- Florida
- Maryland
- Nebraska
- Pennsylvania
- Texas
Disciplinary History
Atlas Wealth Partners LLC does not have any disclosures. Please visit it's Form ADV for more details.