Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Pension Consulting Services
- Publication of Periodicals or Newsletters
- Educational Seminars & Workshops
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Other
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Johnson Wealth Management, LLC Overview
Johnson Wealth Management, LLC is a registered investment advisory firm specialized in providing investment advice only. The firm was established in 2020 and is headquartered in Phoenix, AZ. As a fee-only firm, Johnson Wealth Management solely charges clients based on the services rendered, creating a transparent and trustworthy relationship. The firm offers a vast range of financial services, including financial planning, portfolio management for individuals and small businesses, and pension consulting services. Additionally, Johnson Wealth Management also publishes periodic newsletters and publications, keeping clients updated and informed about the latest economic trends and news. Johnson Wealth Management believes in educating clients and empowering them to make informed financial decisions. The firm conducts educational seminars, workshops, and training for clients to provide a better understanding of financial investment strategies and how it can help them achieve long-term financial goals. The firm's commitment to education and transparency makes it an ideal partner for clients seeking customized, reliable, and trustworthy financial advice.
JOHNSON WEALTH MANAGEMENT, LLC caters to a diverse range of clients, including individuals, high net worth individuals, and other types of clients seeking financial guidance and investment management. The firm provides customized solutions to meet each client's unique financial circumstances and goals. Their experienced team of professionals strives to deliver the highest level of client service and satisfaction by staying up to date on industry trends and regulations while utilizing the latest tools and technologies. JOHNSON WEALTH MANAGEMENT, LLC offers a variety of fee structures, depending on the services provided to clients. One option is a percentage of assets under management (AUM), in which the firm charges a percentage of the total value of investments managed on behalf of clients. This is a common fee structure used by many investment advisors and typically ranges from 1-2% of AUM annually. The other option available is a fixed fee, which is a predetermined amount charged for specific services rendered, regardless of the size of the client's investment portfolio. This fee structure is suitable for clients who are seeking tailored investment advice but may not have a significant amount of assets to manage. JOHNSON WEALTH MANAGEMENT, LLC is transparent about their fees and strives to develop fee structures that align with their clients' interests while providing high-quality, value-added services.
Typical Clients, Fee Structures & Investment Minimum
According to JOHNSON WEALTH MANAGEMENT, LLC's Part 2 Brochure, there is an investment minimum of $500,000 for their services. The brochure states, "We generally require new clients to have investable assets of at least $500,000". Therefore, it can be inferred that potential clients must have $500,000 or more to invest with JOHNSON WEALTH MANAGEMENT, LLC.
How This Office Can Help Harmony, PA Residents
Johnson Wealth Management assists clients in Harmony, PA, by providing tailor-made financial strategies that cater to their specific needs. This includes creating and implementing personalized investment plans, providing guidance on retirement planning, and creating and maintaining an appropriate risk management portfolio. As the financial world is constantly evolving, Johnson Wealth Management stays up to date with market trends and changes to ensure that their clients receive the most up-to-date advice and investment recommendations. Living in Harmony, PA, means having access to excellent schools, a reasonable cost of living, and a tight-knit community, but there are still specific financial challenges that residents face. One of the most significant challenges is planning for retirement, especially as the cost of living continues to increase. With Johnson Wealth Management, residents can access a range of retirement planning services, such as individual retirement accounts (IRAs), 401(k) rollovers, and pension plan distributions, to help them plan for their golden years. Additionally, Johnson Wealth Management can provide other services such as estate planning and tax planning, so residents can ensure that their wealth is protected and distributed according to their wishes after they pass away.
Services Offered by Johnson 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 Johnson 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.
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
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Johnson Wealth Management, LLC is registered to service clients in the following states:
- Arizona
Disciplinary History
Johnson Wealth Management, LLC does not have any disclosures. Please visit it's Form ADV for more details.