Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
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
Davis & Seiley Wealth Management, Inc. Overview
Davis & Seiley Wealth Management, Inc. is a registered investment advisory firm that has been providing investment advice services since 2017. The firm is based in La Mesa, CA, and prides itself on its fee-only fee arrangement. This means that the firm does not receive any commissions or outside payments for the investment advice they provide to their clients. As an investment advice only firm, Davis & Seiley Wealth Management, Inc. offers a range of financial planning services to both individuals and small businesses. Their portfolio management services are designed to help clients achieve their investment goals and to maximize their returns while minimizing risk. Davis & Seiley Wealth Management, Inc. believes in a comprehensive approach to wealth management and is committed to providing personalized investment strategies that are tailored to meet each client's unique financial goals. Their team of financial planning professionals has years of experience in the industry and is dedicated to providing the highest level of service to their clients.
Davis & Seiley Wealth Management, Inc. has been dedicated to helping a diverse range of clients achieve their financial goals since its inception. Their client base includes individuals, both small and large, seeking to establish and maintain financial security in the short and long term. They also cater to the needs of high net worth individuals who require sophisticated investment strategies and holistic financial planning. The firm's clientele also includes pension and profit sharing plans, for which they provide guidance on the management of retirement investments. In terms of fee structure, Davis & Seiley Wealth Management, Inc. provides flexible and customized fee options depending on the level of service required by their clients. These fees can be based on a percentage of Assets Under Management, which ensures that the firm's interests are aligned with the client's and that they are incentivized to perform well. Alternatively, the firm also offers hourly rates for clients seeking advice on specific investment or financial planning matters. These fee structures are intended to provide clients with choices, so they can select a fee structure that works best for their individual needs. Davis & Seiley Wealth Management, Inc. is committed to transparency in all aspects of its operations, and fees are clearly communicated to clients in advance to ensure there are no surprises.
Typical Clients, Fee Structures & Investment Minimum
The investment minimum for Davis & Seiley Wealth Management, Inc. is generally $250,000 in assets under management for their asset management service. This is mentioned in their Part 2 Brochure note about investment minimums, which states that exceptions are made solely at their discretion.
How This Office Can Help La Mesa, CA Residents
Davis & Seiley Wealth Management is committed to providing customized financial solutions for clients in La Mesa, CA. They understand that individuals and families living in this area may be facing a diverse range of financial challenges and opportunities. For example, retirees might be concerned about managing their retirement savings to support their lifestyle, while young families may be focused on saving for their children’s college education while also planning for their own retirement. To assist clients, Davis & Seiley Wealth Management offers a comprehensive suite of financial planning services, including retirement planning, investment management, estate planning, and tax planning. They take the time to understand their clients’ unique goals, concerns, and financial situations before developing a personalized financial plan that is tailored to their needs. This approach ensures that clients can confidently face any financial challenge that comes their way and achieve their long-term financial goals.
Services Offered by Davis & Seiley 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 Davis & Seiley 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.
Unavailable
Subscription (Newsletter or Periodical)
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.
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.
Disciplinary History
Davis & Seiley Wealth Management, Inc. does not have any disclosures. Please visit it's Form ADV for more details.