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
- 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
- Pension & Profit Sharing Plans
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
Blue Barn Wealth Overview
Established in 2020, Blue Barn Wealth is a fee-only registered investment advisory firm headquartered in Orem, UT. As an investment advice only firm, they offer a variety of services including financial planning, portfolio management, pension consulting, and selection of other advisors. Blue Barn Wealth caters to individuals, small businesses, and institutional clients looking for customized investment strategies to achieve their financial goals. Their team of expert advisors helps clients navigate the complexities of investment management by providing tailored portfolio management services. They also offer educational seminars and workshops to help clients make informed financial decisions. At Blue Barn Wealth, their fee-only fee arrangement ensures that they work solely in the best interest of their clients and are compensated for their professional advice and services. Their mission is to provide their clients with transparent, unbiased, and comprehensive financial advice that fits their unique needs and goals. They strive to establish long-term relationships with their clients and assist them in building and preserving their wealth for generations to come. Whether you are an individual, small business, or institution looking for investment advice, Blue Barn Wealth is here to help you achieve your financial objectives.
BLUE BARN WEALTH serves a diverse array of clients from all walks of life. They cater to individuals seeking financial planning and management, as well as high net worth individuals looking for bespoke investment strategies. Additionally, BLUE BARN WEALTH also offers its services to pension and profit sharing plans, assisting them in navigating the complex financial landscape of retirement planning. With several years of experience, BLUE BARN WEALTH has demonstrated a unique ability to tailor its approach to each client, putting their needs and financial goals at the forefront of every investment strategy. When it comes to fees, BLUE BARN WEALTH offers various fee structures depending on the particular service provided. For those seeking investment management, BLUE BARN WEALTH charges a percentage of assets under management (AUM), which means clients pay a percentage of their total investment value. For clients looking for more short-term advice, BLUE BARN WEALTH provides hourly fees, allowing clients to pay for only the advice they need when they need it. Lastly, for comprehensive financial planning, BLUE BARN WEALTH offers fixed fees, providing clients with clarity and transparency of costs upfront. Regardless of the service provided, BLUE BARN WEALTH is committed to providing its clients with value, expertise, and a customized approach to financial planning that sets them up for long-term growth and stability.
Typical Clients, Fee Structures & Investment Minimum
Unfortunately, the Part 2 Brochure for BLUE BARN WEALTH does not mention anything about its investment minimum.
How This Office Can Help Orem, UT Residents
Capstone Wealth Advisors is dedicated to helping clients in Salem, OR navigate the complex world of finance. With a team of experienced financial advisors, Capstone offers a range of services including retirement planning, investment management, insurance analysis, and estate planning. Their personalized approach ensures that every client receives customized financial guidance tailored to their unique needs and goals. As residents of Salem face a variety of financial challenges, Capstone Wealth Advisors is experienced in providing solutions for the community. With the rising cost of living, many Salem residents are struggling to save for retirement or invest in their future. Capstone offers retirement planning services to help clients prepare for a comfortable retirement, as well as investment management strategies designed to optimize returns. Additionally, as healthcare costs continue to rise, Capstone can assist with insurance analysis to ensure clients have optimal coverage. Whether someone is a young professional building their career, a family looking to secure their finances for their children’s future, or retirees seeking to maximize their income, Capstone Wealth Advisors is equipped to support the financial goals of Salem residents.
Services Offered by Blue Barn Wealth
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 Blue Barn Wealth 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
Blue Barn Wealth is registered to service clients in the following states:
- California
- Nevada
- Texas
- Utah
- Washington
Disciplinary History
Blue Barn Wealth does not have any disclosures. Please visit it's Form ADV for more details.