At Million Wealth Management, we are your family CFO, guiding you through the transition from the accumulation phase to the distribution phase of wealth. Whether you are consolidating assets, planning for retirement, or crafting a comprehensive wealth strategy, we work alongside you to develop a personalized plan that aligns with your financial goals, risk tolerance, and time horizon.

Our goal is to make investing simple and enjoyable, and we believe in helping our clients understand their financial plan and investments. We know that you feel most comfortable when you have clarity and confidence in how your wealth is managed. As an investment fiduciary, we are legally bound to act in your best interests, ensuring that every decision we make is designed to help you achieve your financial objectives.

An investment fiduciary is a financial professional legally obligated to act in their client’s best interests. Before June 2017, there was no legal requirement for financial professionals to adhere to this standard. Some professionals acted in their own best interests, often without considering the needs of their clients. While governments and regulatory agencies continue working toward a uniform fiduciary rule, we’ve always maintained the highest ethical standards, putting your needs first.

At Million Wealth Management, we believe that working in your best interest is the only way forward. We are committed to providing a personalized approach to wealth management that integrates your investments, tax planning, retirement income, estate planning, and more—ensuring that your strategy is comprehensive and cohesive.

We want you to enjoy the process of investing and to feel empowered by your financial decisions. We integrate sophisticated, tax-efficient investment strategies with a clear understanding of your goals, time horizon, and risk tolerance. Supported by our affiliation with Mosaic Wealth, we have access to additional resources and back-office support to enhance the personalized service we provide. Through the use of third-party money managers and custodians like Pershing, and tools such as Evestnet and Right Capital, we ensure your wealth strategy is sophisticated, adaptable, and optimized for your future.

We also integrate estate planning and tax-efficient withdrawal strategies into your investment strategy. As you approach retirement, managing Required Minimum Distributions (RMDs) and ensuring your assets last throughout your lifetime become critical. Our goal is to design a plan that not only helps grow your wealth but ensures it’s preserved and passed on efficiently.

We believe that ongoing communication and a strong partnership are vital for success. We’ll meet at least annually to review your portfolio and ensure it continues to align with your evolving goals. You can expect regular updates through virtual or in-person meetings, phone calls, and curated educational content to keep you informed every step of the way.

We charge reasonable compensation for our asset management services. Our fee is up to 1.35% of your account balance, with 1/4th assessed quarterly as an advisory fee on your statement. This fee can be reduced depending on the total amount of assets we manage for you, and we are happy to provide more details when we meet.

As part of our commitment to transparency, we make sure that all transactions, compensation, and potential conflicts of interest are disclosed. You can trust that we will always act in your best interest and provide clear explanations for any decisions made.

At Million Wealth Management, we’re proud to be aligned with our broker-dealer Osaic Wealth, Inc., and together, we are dedicated to operating within the fiduciary rule to better serve your needs. We welcome any questions you may have about our practices and compensation.

Your time horizon, tolerance for risk and overall goals for your money are the key drivers in how we help manage your investments. With that said, the investments we choose for your plan are just one small piece of the puzzle. Your investment  strategy should also take into account and complement your tax strategies, retirement income plan, legacy and charitable giving, longevity risk and education planning, should you have the need.

It is critical we meet at least annually to review your portfolio, assess changes in your circumstances and keep you apprised of issues that may affect your financial future. You can expect virtual and/or face-to-face meetings each year. Additionally, we will touch base by phone, email, and share educational content with you via email or social media.

Our asset management services include: 

Portfolio Reviews

Investment Discussion and Selection

Rebalancing

Tax Gain/Loss Harvesting

Time Horizon Analysis

Risk Tolerance Analysis

Asset Allocation

Research

Required Minimum Distribution Calculatioins and Reminders

Our Asset Management and Advisory Fees start at 1.35% of the assets we manage and can be reduced depending on how much money we invest for you.