Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Pension Consulting Services
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
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
Trinity Wealth Management, LLC Overview
Trinity Wealth Management, LLC is a fee-only registered investment advisory firm located in Berwyn, PA. With its establishment in 2018, the firm offers a range of financial services and investment advice to help individuals and small businesses maximize their financial potential. This firm is an insurance broker/agent, which makes it more reliable in providing sound pension consulting services and comprehensive financial planning. At Trinity Wealth Management, LLC, clients are assured of transparent and fair fee arrangements. The firm only receives compensation based on the advisory services provided, eliminating any potential conflict of interest. In addition, the firm mainly specializes in portfolio management for individuals and small businesses, making it an ideal choice for clients seeking quality investment advice. The services offered by Trinity Wealth Management, LLC are designed to cater to all types of clients, regardless of their investment experience. The firm's qualified professionals provide clients with personalized financial advice and strategic guidance that is tailored to their unique financial situations. Clients can count on the firm's experienced pension consulting services to help them make informed financial decisions, ultimately providing them with peace of mind and financial security.
TRINITY WEALTH MANAGEMENT, LLC offers its services to a wide range of clients. From individuals to high net worth individuals and pension or profit sharing plans, the firm caters to clients with varying financial needs and goals. Their focus is on providing customized solutions that are tailored to meet each client's unique requirements. They understand that every client has different needs and preferences when it comes to managing their wealth, which is why they offer a diverse range of services. When it comes to fee structures, TRINITY WEALTH MANAGEMENT, LLC offers a variety of options depending on the service provided. Clients can choose from a percentage of AUM, hourly charges, or fixed fees. The percentage of AUM fee structure is a common pricing model in the industry, where the firm charges a percentage of the client's total assets under management. Hourly charges are a flexible and transparent fee structure where clients are charged based on the actual time spent on their account. Lastly, fixed fees are pre-determined charges that are agreed upon upfront and are not based on the amount of assets managed. TRINITY WEALTH MANAGEMENT, LLC understands that transparency and flexibility are important to their clients, which is why they offer these various fee structures to choose from.
Typical Clients, Fee Structures & Investment Minimum
According to Trinity Wealth Management, LLC's Part 2 Brochure, they require a minimum household account balance of $500,000 for their Comprehensive Portfolio Management service. This minimum requirement may be negotiable. For their Asset Management service, there is a minimum household account balance required of $100,000. This minimum requirement may also be negotiable.
How This Office Can Help Berwyn, PA Residents
Trinity Wealth Management is a trusted financial advisor in Berwyn, PA and provides financial planning and investment services to its clients. With years of experience in the industry, Trinity Wealth Management understands the unique financial situations that many people in Berwyn, PA may be facing. From planning for retirement to managing debt, Trinity Wealth Management provides personalized solutions that are tailored to each client's specific needs and goals. For those living in Berwyn, PA, Trinity Wealth Management can offer guidance on managing their wealth, from building a diverse investment portfolio to organizing their finances. Many of our clients in Berwyn, PA are homeowners or working professionals who may need help managing their finances while also planning for their future. We work closely with clients to help them achieve their financial goals, whether it's paying off debt, saving for a down payment on a house, or planning for retirement. Our team provides expertise in areas such as tax planning, estate planning, and risk management, so that our clients can enjoy peace of mind and financial security.
Services Offered by Trinity Wealth Management, 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 Trinity Wealth Management, 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.
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
Trinity Wealth Management, LLC is registered to service clients in the following states:
- Florida
- New Jersey
- Pennsylvania
- Texas
Disciplinary History
Trinity Wealth Management, LLC does not have any disclosures. Please visit it's Form ADV for more details.