No hidden fees.
No biased incentives.
No confusing contracts.
HOW WE CHARGE
Investment managers get paid in two primary ways: by earning a fee for services or by accepting commissions for selling products. Accepting commissions allows fees and costs to be virtually hidden from the clients, and also financially incentivizes advisors to choose one fund over another. Not surprisingly, these incentives are many times misaligned with the client’s best interest.
Womack Financial does not accept sales commissions. This allows us to be fully transparent, a legal fiduciary for our clients, and removes the veil of secrecy around compensation and investment selection. With all cards on the table, conversations are transparent and trustworthy.
Here is our annual investment management cost:
$0 to $1 million – 1.00% (min $255/quarter)
$1 million to $2.5 million – 0.75%
$2.5 million to $5 million – 0.50%
$5 million and up – 0.25%