Firm Info
Firm Size
Services Offered
- Portfolio Management for Individuals & Small Businesses
- Other
Types of Clients
- Individuals (Not High Net Worth)
Available Fee Structures
- Percentage of Assets Under Management (AUM)
Triad Wealth Management, LLC Overview
Triad Wealth Management, LLC is a fee-only registered investment advisory firm that has been operating since 2021. Its headquarters is in Lawrence, KS and it focuses solely on providing investment advice to its clients. The firm prides itself on its commitment to providing unbiased investment advice, geared towards the long-term financial goals of its clients. One of the core services offered by Triad Wealth Management is portfolio management for both individuals and small businesses. The firm's team of experienced advisors works closely with clients to create customized investment portfolios that are tailored to their unique financial goals and risk tolerances. These portfolios are regularly reviewed and adjusted as necessary to ensure that clients are always on track towards achieving their long-term financial goals. In addition to portfolio management, Triad Wealth Management also provides sub-advisor services. This means that the firm partners with other investment advisors to provide additional expertise and resources to their clients when necessary. These partners are carefully vetted to ensure that they share Triad Wealth Management's commitment to putting clients' needs first. Overall, Triad Wealth Management is a trustworthy and reliable choice for those seeking investment advice and portfolio management services.
Triad Wealth Management, LLC is a well-respected financial services firm that caters to a diverse range of clients. Whether it's high net worth individuals, entrepreneurs, or retirees, Triad Wealth Management offers personalized and comprehensive services to meet their unique needs. The firm's clients also include small business owners, nonprofits, and institutional investors. With years of experience and knowledge in the industry, Triad Wealth Management prides itself on delivering exceptional service and customized financial solutions. When it comes to fees, Triad Wealth Management offers a range of fee structures depending on the services provided. For those who avail themselves of investment management services, fees are typically based on a percentage of the assets under management (AUM). This fee structure helps to align the interests of the client and advisor by providing an incentive for the advisor to grow the client's investments. Alternatively, some clients opt for a flat fee arrangement for specific services like financial planning or tax preparation. Still, others may prefer an hourly rate approach based on the complexity of the project or task. Regardless of the fee structure, Triad Wealth Management ensures full transparency and disclosure, so clients know exactly what they're paying for and what to expect.
Typical Clients, Fee Structures & Investment Minimum
According to TRIAD WEALTH MANAGEMENT, LLC's Part 2 Brochure, the firm does not mention any investment minimums.
How This Office Can Help Randolph County, NC Residents
Triad Wealth Management is a financial planning and investment management firm located in Randolph County, NC that assists clients in achieving financial success. They understand that living in Randolph County, NC brings its own set of unique financial challenges. Many individuals in the region face the struggle of balancing their current expenses with their long-term financial goals. The team at Triad Wealth Management works with clients to create personalized financial plans that address their individual needs and help them achieve financial security. This includes solutions for retirement planning, investment management, estate planning, tax planning, and more. Furthermore, many people in Randolph County face financial challenges due to the volatility of the local economy. The region is heavily reliant on the manufacturing industry, which can be vulnerable to market fluctuations. Triad Wealth Management understands the importance of diversifying investments and creating portfolios that can weather changes in the economy. They help clients create strategic investment plans that consider both short-term and long-term goals, as well as market trends. Additionally, they provide ongoing portfolio management services to ensure that investments remain aligned with clients' financial objectives. Through these personalized services, Triad Wealth Management empowers clients to achieve financial success and peace of mind.
Services Offered by Triad Wealth Management, LLC
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 Triad Wealth Management, LLC 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.
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)
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
This Office Location
Other Office Locations
Firm Headquarters
This firm has no other locations.
Disciplinary History
Triad Wealth Management, LLC does not have any disclosures. Please visit it's Form ADV for more details.