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
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Apex Wealth Management, LLC Overview
APEX WEALTH MANAGEMENT, LLC is a registered investment advisory firm focused solely on investment advice. They operate throughout the United States, with their headquarters based in Bedford, NH. Established in 2021, APEX WEALTH MANAGEMENT, LLC has already established itself in the industry as a trusted provider of financial planning and portfolio management services to both individuals and small businesses. As a fee-only firm, APEX WEALTH MANAGEMENT, LLC is committed to delivering transparent and impartial financial advice to their clients. They do not receive commissions or compensation from product sales or other forms of revenue sharing, ensuring their interests are always aligned with those of their clients. This sets APEX WEALTH MANAGEMENT, LLC apart from other firms that may have conflicts of interest due to commission-based compensation. APEX WEALTH MANAGEMENT, LLC offers a variety of services to meet the unique needs of their clients. Their financial planning offering takes a holistic approach to assessing their clients' overall financial situation, including investments, taxes, estate planning, and insurance. Portfolio management services help their clients achieve their investment objectives through strategic investment choices and active monitoring of investment performance. APEX WEALTH MANAGEMENT, LLC also offers access to other advisors, providing their clients with a comprehensive network of financial professionals to help tailor their financial strategies to their unique situations.
APEX WEALTH MANAGEMENT, LLC caters to a wide range of clients, including individuals and high net worth individuals. The firm understands that each client has unique financial goals and requirements, and therefore, their approach to working with clients is highly customized. Their team of experts takes the time to understand each client's specific needs before creating a tailored investment plan that aligns with their objectives. The firm's client base is diverse, including retirees, business owners, and professionals aiming for long-term income and capital preservation. When it comes to fee structures, APEX WEALTH MANAGEMENT, LLC has options that cater to various client needs. The first one is a percentage of assets under management (AUM), which is based on a percentage of the total value of a client's portfolio. This fee structure is ideal for clients who require ongoing financial management services. The second option is a fixed fee, which tends to be more suitable for clients who require one-time consultation services or have a smaller portfolio. The firm's fee structures are transparent and competitive, and clients can benefit from a fee schedule that suits their specific needs and investment goals. APEX WEALTH MANAGEMENT, LLC values their clients and is committed to delivering exceptional services and flexible fee structures to help them achieve their financial objectives.
Typical Clients, Fee Structures & Investment Minimum
According to the Part 2 Brochure of APEX WEALTH MANAGEMENT, LLC, the firm has an investment minimum of $500,000. The note in their brochure states, "Our firm generally requires a minimum investment of $500,000 to establish an investment advisory relationship." Therefore, potential clients who wish to work with APEX need to have at least $500,000 to be able to invest with them.
How This Office Can Help Ocoee, FL Residents
Apex Wealth Management LLC is a financial management company that provides financial consultation, planning, and portfolio management services to clients in Ocoee, FL. They specialize in assisting individuals in various financial situations, such as retirement planning, investment strategies, estate planning, tax planning, insurance planning, and debt management. In Ocoee, FL, clients might be facing specific financial situations such as saving for retirement, investing in real estate, funding children's education, or managing financial emergencies. Apex Wealth Management LLC assists clients by creating customized financial plans that cater to these specific needs. They provide expert advice and guidance on investment options, risk management, tax strategies, and other financial matters. Their goal is to help clients achieve financial stability, security, and prosperity in all stages of life. Whether you are planning for your retirement or looking to grow your wealth, Apex Wealth Management LLC is committed to providing you with the best financial solutions that meet your unique needs and goals.
Services Offered by Apex 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 Apex 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
Apex Wealth Management, LLC is registered to service clients in the following states:
- Massachusetts
- New Hampshire
Disciplinary History
Apex Wealth Management, LLC does not have any disclosures. Please visit it's Form ADV for more details.