Education with Transparent Pricing
We believe in education and transparency in every aspect of our business. Price or fees in our industry is one area that most shy away from. Transparency for Fiat is all across the board and that includes what most advisors shy away from.........fees and price.
Industry Average Advisory Fee: 1.00%1
Fiat WM Average Advisory Fee: 1.33%2
1 “Financial Advisor Fees Comparison - All-In Costs For The Typical Financial Advisor?, Michael Kitces, 2017”
2 Fiat WM Average Advisory Fee is as of: 04/24/2024
When is 1.00% greater than 1.33%?
Investment Overlap
Overlap refers to owning the same companies multiple times across your portfolio. This creates inefficiencies
Internal Expense
Internal Expense refers to the management fee you pay to fund managers or (sub-contractors) such as: Vanguard, iShares, American Funds, etc.; to manage investments on you or your advisor’s behalf
Investment Turnover
Investment turnover is how often a fund buy(s) or sell(s) the positions inside. Every time a company is bought or sold, there is a cost. Wall Street does not work for free!
These underlying investment costs average out to 0.65%.
Totaling to 1.65% Average (All-In) Advisory Fee.
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Customizing your financial plan is similar to building a house.
At Fiat Wealth Management and Fiat Insurance Services, we will be your trusted guide to success through each stage of financial planning, including a comfortable retirement. We are a Fiduciary RIA firm that focuses on 'pulling back the curtain' on the traditional financial advisory world. Fiat will guide you through the process of constructing a personalized blueprint and act as your general contractor throughout the design of your plan. When you come visit with us, expect to broaden your knowledge about the financial world we live in today.
Schedule a Call with FiatWM
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