Item 5: Fees and Compensation
Fee Schedule
Portfolio Management Fees
Total Assets Under Management Annual Fees
$0 - $500,000 1.25%
$500,001 - $1,750,000 1.00%
$1,750,001 - $5,000,000 0.75%
$5,000,001 + 0.50%
Comprehensive Wealth Management Fees
Clients may also select our "Level 2: Comprehensive Wealth Management" service. The advisory fee for this
service is a flat 1.00% on all assets under management. This service is designed for clients seeking holistic
coordination across multiple areas of their financial life, such as advanced estate planning, complex tax planning,
and business succession planning. Clients should be aware that depending on their total Assets Under
Management, the flat 1.00% fee for Comprehensive Wealth Management may result in a higher total advisory fee
than the tiered schedule for Investment Portfolio Management Services. Our advisors will conduct a suitability
analysis and document the rationale for the selected service level.
AWML uses an average of the daily balance in the client's account throughout the billing period, after taking into
account deposits and withdrawals, for purposes of determining the market value of the assets upon which the
advisory fee is based. These fees are negotiable, and the fee schedule is outlined below. The final fee schedule
will be memorialized in the client’s advisory agreement. Clients may terminate the agreement without penalty for a
full refund of AWML's fees within five business days of signing the Investment Advisory Contract. Thereafter,
clients may terminate the Investment Advisory Contract generally with 30 days' written notice.
When calculating Assets Under Management (AUM) for billing purposes, we aggregate all accounts held by each
Household on certain platforms to determine the applicable fee tier. Specifically, accounts held with Schwab,
Fidelity, and Pontera are aggregated across these platforms to calculate the total AUM for the Household.
For accounts held on other platforms, such as Altruist and Betterment, or in annuity products, each platform’s
AUM is calculated independently. In these cases, the AUM for each respective platform or annuity product is not
aggregated with other platforms for billing purposes. This approach ensures that fees are applied consistently
based on each platform’s total assets.
AQR Opportunity Fund, a designated series of Glide Direct Series, LLC Fees
AWML serves as the Series Advisor to the AQR Opportunity Fund, a designated series of Glide Direct Series,
LLC. The management fee for investing in this fund is 1% of the assets under management within the fund. For
assets invested in the AQR Opportunity Fund, the 1% management fee is inclusive of AWML’s advisory services.
The standard tiered advisory fee schedule listed above will not be applied to assets maintained within this specific
fund.
Sub-Advisory Fees
AWML may refer Clients to other investment managers to act as sub-advisors in its sole discretion, subject to the
investment guidelines provided by AWML. The independent manager(s) will arrange for the execution of securities
transactions for the accounts through brokers or dealers that they believe will provide best execution. All or a
portion of the account transactions may be placed away from the AWML’s Custodian if the independent
manager(s) believe this will result in best execution. The independent manager(s) advisory fee is payable, in
addition to AWML fee, and is debited separately by the custodian or is debited by AWML and paid to the sub-
advisor. All fee arrangements are fully disclosed to the client.
Vestmark Platform and Sub-Advisory Fees
Unlike other sub-advisory arrangements described above where a separate fee may be charged to your account,
Able Wealth Management absorbs the sub-advisory and platform fees associated with Vestmark Advisory
Solutions. We pay VAS directly from our own advisory fees. Therefore, clients whose assets are managed through
the Vestmark platform do not incur an additional investment management fee for these services beyond Able
Wealth Management’s standard advisory fee listed above.
Note on Transaction Costs: While we pay the management fees for VAS, your account may still be responsible for
standard transaction costs, custodial fees, or commissions associated with trade execution, including those
resulting from "step-out" trades where VAS may execute transactions through a broker-dealer other than your
primary custodian to seek best execution.
Pension Consulting Services Fees
The rate for pension consulting services is between 0.05% and 1.00% of the plan assets for which AWML is
providing such consulting services. These fees are negotiable, and the fee schedule is outlined below. AWML
uses an average of the daily balance in the client's account throughout the billing period, after taking into account
deposits and withdrawals, for purposes of determining the market value of the assets upon which the pension
consulting fee is based.
Total Assets Under Advisement Pension Consulting Fees
$0 - $3,000,000 1.00%
$3,000,000 - $8,000,000 0.75%
$8,000,001 - $10,000,000 0.50%
$10,000,001 - $15,000,000 0.25%
$15,000,001 - $20,000,000 0.20%
$20,000,001 - $60,000,000 0.15%
$60,000,001 - $90,000,000 0.10%
$90,000,001+ 0.05%
Financial Planning Fees
...