Honu Wealth Management offers High Net Worth Clients our services for a flat annual fee. Most advisors today offer either an Asset Under Management (AUM) fee or an hourly fee. We have found that the AUM fee structure provides an incentive to keep your money in financial assets that your advisor can manage (and thus collect a fee on). In many instances, it may not be in your best interest to do so. If you ask your AUM compensated advisor whether you should pay off your mortgage or keep your assets invested, they will make more money if you keep the money invested.
For clients who choose to implement their financial plans with us, we provide access to very low cost institutional-type mutual funds not generally available to the public at large from Dimensional Fund Advisers and Vanguard.