Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- 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
- Pension & Profit Sharing Plans
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
Griffith & Werner, Inc. Overview
Griffith & Werner, Inc. is a Fee Only registered investment advisory firm that specializes in providing investment advice to individuals and small businesses. Their headquarters are located in Canton, GA and they have been in business since 2020. In addition to offering investment advice, they are also a licensed insurance broker and agent. Their services include financial planning, portfolio management, and selection of other advisors. By offering these services, Griffith & Werner, Inc. can assist clients in achieving their financial goals and objectives effectively. Their portfolio management services are designed to not only manage risk but also to optimize returns, ensuring clients get the most out of their investments. As a Fee Only registered investment advisory firm, Griffith & Werner, Inc. is committed to providing clients with open and transparent fee arrangements. They believe that their services should be affordable, and their clients should not have to worry about hidden fees. With their expertise and dedication to their clients, Griffith & Werner, Inc. stands out as a leader in the investment advisory industry.
GRIFFITH & WERNER, INC. serves a diverse range of clients from individuals to high net worth individuals, and pension or profit sharing plans. The firm provides comprehensive financial planning and investment management services customized to each client's needs. Clients can expect personalized attention and expert advice to help them achieve their financial goals and secure their future. The fee structures available at GRIFFITH & WERNER, INC. vary depending on the services provided. They offer percentage of assets under management (AUM) fee arrangements, billing clients a percentage of their invested assets. Alternatively, clients may opt for hourly billing, where they pay a fixed rate for the number of hours the firm spends on their account. Fixed fees are also available, which provide clients with a comprehensive financial plan at a predetermined cost. Griffith & Werner, Inc. provides transparency in their fee structure, ensuring that clients understand what they are paying and what they are receiving in return. Clients can rest assured that their finances are in capable and trustworthy hands with GRIFFITH & WERNER, INC.
Typical Clients, Fee Structures & Investment Minimum
The investment minimum for Griffith & Werner, Inc. is $100,000, according to their Part 2 Brochure. The brochure notes that this is the typical minimum required to open a managed account with the firm. However, the firm also reserves the right to waive or reduce this minimum under certain circumstances, suggesting that there may be some flexibility in how they apply this requirement.
How This Office Can Help Canton, GA Residents
Griffith & Werner, Inc. is a financial consulting firm that assists clients in various financial situations in Canton, GA. Some of the typical financial challenges clients face in Canton include planning for retirement, managing debt, saving for college, and investing. The firm employs experienced financial advisors who provide personalized solutions tailored to each client's unique financial situation. They provide strategic financial planning services, offering advice on how to minimize financial risk, optimize investments, and develop long-term wealth-building strategies. They offer tax planning services and help clients take advantage of tax credits and deductions to minimize their tax liabilities. Additionally, they provide educational resources to help clients understand the complex financial landscape and make informed decisions about their financial plans. Overall, Griffith & Werner, Inc. assists clients in Canton, GA in creating a sound financial future and building wealth for their future security.
Services Offered by Griffith & Werner, 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 Griffith & Werner, 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
- Mon 9 AM–5 PM
- Tue 9 AM–5 PM
- Wed 9 AM–5 PM
- Thu 9 AM–5 PM
- Fri 9 AM–5 PM
- Sat Closed
- Sun Closed
Other Office Locations
This firm has no other locations.
State Registrations
Griffith & Werner, Inc. is registered to service clients in the following states:
- Florida
- Georgia
- Nebraska
Disciplinary History
Griffith & Werner, Inc. does not have any disclosures. Please visit it's Form ADV for more details.