Our Fees
Michael Traxler Wealth Management, LLC (MTWM) is a 100% fiduciary Investment Advisor. We do NOT charge commissions, nor do we receive commissions on any trades or on any investment products we recommend. There is a small ticket charge of approximately $2.25/transaction to cover the cost of each security trade transacted by the clearing firm, of which we receive none. Our fees are structured solely as a percentage of the assets under management, and the fee rate declines on the entire amount as the amount of assets increases, and reaches certain thresholds as shown below. MTWM reserves the right to charge more or less than our scheduled rates depending on the client's circumstances.
Total Household Assets (Excluding annuities and 529 Plans-See notes below)
$100,000 - $249,999 1.1% annually
$250,000 - $499,999 .95% annually
$500,000 - $999,999 .85% annually
$ 1 Million - $2 Million .75% annually
$ 2 Million - $5 Million .65% annually
$ 5 Million - $10 Million .55% annually
$10 Million - $15 Million .50% annually
$15 Million - $20 Million .45% annually
Note #1: All accounts held directly with the American Funds Custodian of Capital Bank and Trust, automatically are charged 1% annually. Therefore, we try to move client assets from there over to our brokerage Custodian TradePMR when the client's total household assets are more than $250,000 and the client can be paying less than 1% on all of their assets.
Note #2: All annuity business is charged a .60% advisory fee. There is no commission.
Note #3: All of our client 529 College America Plans held at American Funds Custodian Capital Bank and Trust incur no advisory fee. This may change in the future.
Feel free to call or email us with any questions regarding our fee structure. Thank You