Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Other
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)
Wiser Wealth Management, Inc Overview
WISER WEALTH MANAGEMENT, INC is a fee-only registered investment advisory firm that is based in Marietta, GA. The firm has been in operation since 2021 and specializes in providing investment advice only. The fee arrangement for the firm is based solely on the services provided, ensuring that clients receive unbiased recommendations without any conflicts of interest. The firm offers a variety of services to help clients achieve their financial goals. These services range from financial planning to portfolio management for both individuals and small businesses alike. WISER WEALTH MANAGEMENT, INC works with clients to tailor their investment strategies to their unique goals and risk tolerances. The firm takes a holistic approach to financial planning, incorporating all aspects of a client's financial life to develop a comprehensive strategy. In addition to investment advice, WISER WEALTH MANAGEMENT, INC offers other advice not involving securities. This includes guidance on areas such as debt management, budgeting, and retirement planning. The firm aims to provide clients with a complete suite of financial services to help them achieve long-term financial success. With its commitment to fee-only advice and a holistic approach to financial planning, WISER WEALTH MANAGEMENT, INC is a trusted partner for individuals and small businesses seeking expert investment advice.
WISER WEALTH MANAGEMENT, INC is a full-service wealth management firm that prides itself on providing exceptional financial services to its clients. They cater to a wide range of clients, including individuals, high net worth individuals, and pension or profit sharing plans. Their diverse client base allows them to tailor their services to meet the unique financial needs of their clients. In terms of fee structures, WISER WEALTH MANAGEMENT, INC offers several options depending on the service provided. Clients may opt for a percentage of assets under management (AUM) fee structure, which is based on the total value of the assets managed by the firm. Alternatively, an hourly fee structure is available for clients who require a more personalized approach, with fees being charged based on the amount of time the firm spends working with the client. Fixed fees are also available for clients looking for specific services at a set cost. WISER WEALTH MANAGEMENT, INC believes in transparency when it comes to fees, and prospective clients can expect a clear breakdown of the costs associated with each service they provide.
Typical Clients, Fee Structures & Investment Minimum
According to WISER WEALTH MANAGEMENT, INC's Part 2 Brochure, there is no mention of an investment minimum.
How This Office Can Help Marietta, GA Residents
Wiser Wealth Management, Inc is a full-service financial management firm that assists clients in Marietta, GA with various financial situations. The team at Wiser Wealth Management, Inc is dedicated to helping clients plan for their financial future, whether they are just starting out or approaching retirement. They offer a wide range of services, including investment planning, retirement planning, estate planning, and tax planning. For someone living in Marietta, GA, there are several financial situations that they may be facing. For example, they may be struggling to save for retirement or unsure how to invest their money. They may also be dealing with the high cost of living in the area, which can make it difficult to maintain a budget and save for future goals. Wiser Wealth Management, Inc can help clients navigate these challenges and create a customized financial plan that meets their needs and goals. Whether someone is looking to grow their wealth, protect their assets, or secure their financial future, Wiser Wealth Management, Inc can provide the guidance and support they need to succeed.
Services Offered by Wiser Wealth Management, 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 Wiser Wealth Management, 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
Other Office Locations
This firm has no other locations.
State Registrations
Wiser Wealth Management, Inc is registered to service clients in the following states:
- Florida
- Georgia
- North Carolina
- South Carolina
- Texas
Disciplinary History
Wiser Wealth Management, Inc does not have any disclosures. Please visit it's Form ADV for more details.