Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Pension Consulting Services
- 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
- Pension & Profit Sharing Plans
- Charitable Organizations
- State & Municipal Govt Entities
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Arvest Wealth Management Overview
Edward Jones is a financial advisory firm that is based in St. Louis, MO. The firm was established in 1963 and since then, they have become one of the leading broker-dealers in the industry. Their fee arrangement is fee-based, which means that clients are charged a fee based on the services provided. They provide investment advice to individuals and small businesses as well as businesses or institutional clients. Additionally, they offer pension consulting services to help clients plan for retirement. One of the key services provided by Edward Jones is portfolio management. They provide personalized portfolio management services to ensure that the investment strategy aligns with the client's objectives. They also offer this service to small businesses, ensuring that their investments are optimized for future growth. Furthermore, Edward Jones provides pension consulting services to ensure that clients can plan for retirement efficiently, providing retirement planning solutions that are tailored to meet the unique needs of each client. One of the hallmarks of Edward Jones is their ability to select other advisors for their clients. The firm employs an extensive network of brokers, agents, and advisors, ensuring that the best and brightest advisors are available to their clients. This service is just one example of the dedicated and comprehensive approach that Edward Jones takes to investment management, ensuring that clients receive the best possible service and outcome in the long term.
ARVEST WEALTH MANAGEMENT is a prominent financial advisory firm that serves a diverse range of clients, including individuals, high net worth individuals, pension or profit sharing plans, charitable organizations, state or municipal government entities, and other corporation types not listed. ARVEST has comprehensive expertise in serving the unique financial needs and goals of each client, regardless of their size, nature, or complexity. The firm's client-first approach ensures that ARVEST works closely with each client to understand their specific financial objectives and tailor a customized investment solution that maximizes returns and minimizes risks. ARVEST WEALTH MANAGEMENT provides various fee structures to its clients based on the service they render. The firm offers clients a percentage of AUM fee structure that is calculated based on a certain percentage of the assets under management. This fully aligns ARVEST's interests with those of the client, as the firm's earnings are directly proportional to the client's assets' performance. Alternatively, clients can opt for a fixed fee structure, which provides an agreed-upon price for a particular service or suite of services. This predictable and transparent fee structure allows clients to budget their expenses more effectively while benefiting from ARVEST's comprehensive financial expertise and resources. Regardless of the fee structure chosen, ARVEST WEALTH MANAGEMENT remains committed to providing its clients with unparalleled value and uncompromised service.
Typical Clients, Fee Structures & Investment Minimum
According to the note in ARVEST WEALTH MANAGEMENT's Part 2 Brochure on page 14 of 24 as of March 12, 2021, the firm does not have a minimum asset amount requirement for their Retirement Plan Consulting accounts. However, it is mentioned that various plan custodians may have their own minimum investment requirements. Therefore, it is recommended to check with the plan custodian before investing.
How This Office Can Help Benton County, AR Residents
Mariner Wealth Advisors is a wealth management firm that offers a range of financial services to clients living in New Providence, NJ. With a team of experienced financial advisors, they provide personalized financial planning strategies that cater to the unique needs of each client. For residents of New Providence, NJ, Mariner Wealth Advisors can assist with several financial situations. For families, they provide guidance on creating a comprehensive financial plan that addresses their children's education, managing debts, and building long-term retirement savings. For business owners in the region, the firm can help with succession planning, employee benefits, and corporate retirement plans. Additionally, they can assist retirees with investment management, tax efficiency, and estate planning. Whatever the financial situation, Mariner Wealth Advisors can create a customized strategy and help clients achieve their financial goals.
Services Offered by Arvest 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 Arvest 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.
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
Arvest Wealth Management is registered to service clients in the following states:
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
Disciplinary History
Arvest Wealth Management does not have any disclosures. Please visit it's Form ADV for more details.