Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Pension Consulting Services
- 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
- Charitable Organizations
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
Buckingham Strategic Wealth, LLC Overview
Buckingham Strategic Wealth, LLC is an investment advisory firm that has been providing financial services since 2007. The firm operates on a fee-based model and is based in St Louis, MO. As a registered investment advisory firm, Buckingham Strategic Wealth provides investment advice only. Buckingham Strategic Wealth provides a wide range of services to meet the financial needs of their clients. The firm offers financial planning services as well as portfolio management for individuals and small businesses. Buckingham Strategic Wealth also provides portfolio management services for businesses or institutional clients. In addition, the firm offers pension consulting services to help clients manage their retirement savings. One notable aspect of Buckingham Strategic Wealth's service offering is their ability to select other advisors for their clients. This means that the firm can help connect clients with other financial professionals that can help meet their specific needs. Overall, Buckingham Strategic Wealth is committed to providing high-quality financial advice and services to help clients achieve their financial goals.
BUCKINGHAM STRATEGIC WEALTH, LLC specializes in serving a diverse range of clients, including individuals, high net worth individuals, pension or profit sharing plans, charitable organizations, and other corporation types not listed. They understand that each client's financial situation is unique and tailor their services to meet individual needs. The fee structures available at BUCKINGHAM STRATEGIC WEALTH, LLC depend on the service provided. Clients can choose a percentage of assets under management, hourly rates, or fixed fees. A percentage of AUM fee structure is the most common and is calculated as a percentage of the total assets managed by the firm. The hourly fee structure is determined by the amount of time spent on a particular task or project. Fixed fees, on the other hand, are determined based on a specific project or service, regardless of the amount of time or assets required. BUCKINGHAM STRATEGIC WEALTH, LLC's fee structures are transparent, providing clients with peace of mind and allowing them to make informed decisions about their financial future.
Typical Clients, Fee Structures & Investment Minimum
According to Buckingham Strategic Wealth, LLC's Part 2 Brochure, the minimum investment requirement for their services varies depending on the type of account. For their investment management services, the minimum account size is generally $500,000. However, they may waive or lower this minimum for clients who have a relationship with the firm through other services. Additionally, for their financial planning services, there is usually a minimum fee of $5,000, regardless of the size of the client's portfolio. Overall, it is important to note that the firm states in their Part 2 Brochure that they reserve the right to change their minimum requirements at any time.
How This Office Can Help Fresno County, CA Residents
Buckingham Strategic Wealth offers comprehensive financial planning and wealth management services to clients in Fresno County, CA. The firm's advisors take a holistic approach to financial planning, considering all aspects of a client's life, including their goals, values, and family situation. Through ongoing communication and collaboration, the advisors at Buckingham Strategic Wealth help their clients navigate complex financial challenges, such as estate planning, retirement planning, tax planning, and investment management. Living in Fresno County, CA, individuals and families may face a variety of financial situations, from planning for retirement to managing debt and building wealth. With an understanding of the unique challenges faced by those in Fresno County, Buckingham Strategic Wealth tailors its services to meet the needs of the community. The advisors at the firm are committed to providing personalized advice and guidance to help clients achieve their financial goals and build a secure financial future.
Services Offered by Buckingham Strategic 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 Buckingham Strategic 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.
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 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
Firm Headquarters
This firm has no other locations.
State Registrations
Buckingham Strategic Wealth, LLC is registered to service clients in the following states:
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
Disciplinary History
Buckingham Strategic Wealth, LLC does not have any disclosures. Please visit it's Form ADV for more details.