Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Pension Consulting Services
- Selection of Others Advisors
- 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
- Charitable Organizations
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
Navigation Wealth Management Overview
Navigation Wealth Management is an investment advisory firm that specializes in providing investment advice to individuals and small businesses. The firm is fee-only, meaning clients only pay for the services they use. With headquarters in Fort Collins, CO, Navigation Wealth Management has been in operation since 2020 and offers a range of financial services for its clients. As an investment advisory firm, Navigation Wealth Management is dedicated to providing sound financial planning and portfolio management services for individuals and small businesses. Additionally, the firm also offers pension consulting services, aiding clients in making informed decisions regarding their pension plan. Clients can also benefit from the firm's selection of other advisors, which is a process that involves finding and recommending trusted advisors to collaboratively work with Navigation Wealth Management. In addition to these services, Navigation Wealth Management offers educational seminars and workshops to help clients gain a better understanding of personal finance and investing. From investment basics to retirement planning, these seminars can offer valuable insights into how clients can make their money work for them. Overall, Navigation Wealth Management is a comprehensive investment advisory firm that prioritizes its clients' financial success and empowerment.
NAVIGATION WEALTH MANAGEMENT provides services to a diverse range of clients, including individuals, high net worth individuals, and charitable organizations. The firm's experienced team is equipped to handle the unique financial needs of each client, whether it be for personal or institutional wealth management. NAVIGATION WEALTH MANAGEMENT offers a variety of fee structures to accommodate the varying needs and circumstances of their clients. These fee structures include a percentage of assets under management (AUM), hourly rates, and fixed fees. The choice of fee structure will depend on the specific services being provided and the preference of the client. The AUM fee structure is a percentage of the total value of assets managed for the client. The hourly structure may be used for consultations or other one-off services. Fixed fees may be negotiated for specific services or projects. NAVIGATION WEALTH MANAGEMENT understands that its clients require flexibility and transparency in fees, and is committed to working with them to find the best possible fit for their financial management needs.
Typical Clients, Fee Structures & Investment Minimum
According to Navigation Wealth Management's Part 2 Brochure, the firm does not require a minimum investment to open an account. The note about investment minimums states that Navigation generally provides investment advice to individuals and high net worth individuals and their client relationships vary in scope and length of service. However, there is no mention of a specific investment minimum required by the firm.
How This Office Can Help Janesville, WI Residents
Navigation Wealth Management is a full-service financial planning firm that assists clients in Janesville, WI, to achieve their financial goals. Clients often seek the assistance of this firm for financial planning, retirement planning, investment management, tax planning, estate planning, and insurance planning. Navigation Wealth Management employs diverse strategies to help clients achieve their financial objectives regardless of where they currently stand financially. The company's certified financial planners (CFP) in Janesville, WI, have the expertise to assist people in all financial situations, including those who are starting to save, building professional and personal assets, or facing complex financial challenges. For individuals living in Janesville, WI, one of the financial situations they might face is lack of financial literacy. Many people in Janesville do not have a financial background, and they may not fully understand the different investment options. Navigation Wealth Management can offer clients guidance on investment planning, including asset allocation strategies customized to an individual's goals and risk tolerance, as well as evaluating investment funds and portfolios. Another issue facing residents of Janesville, WI, is retirement planning. Many of these people may often have to work past the usual retirement age due to a lack of retirement savings. Navigation Wealth Management in Janesville, WI, can help clients with retirement planning by establishing achievable retirement objectives, estimating post-retirement income, recommending retirement savings approaches, providing risk management advice, and developing a withdrawal income plan.
Services Offered by Navigation Wealth Management
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 Navigation Wealth Management 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
Firm Headquarters
This firm has no other locations.
State Registrations
Navigation Wealth Management is registered to service clients in the following states:
- Arizona
- Colorado
- Florida
- Idaho
- Kansas
- Missouri
- Texas
Disciplinary History
Navigation Wealth Management does not have any disclosures. Please visit it's Form ADV for more details.