Vernon Management Group, Incorporated logo

Vernon Management Group, Incorporated

Updated today

Total assets under management

$42,300,000

Total clients

54

28% high-net worth

Total advisors

3

of 3 employees

Firm size

Supported

1-3 advisors or $200M+ in AUM

Average clients per advisor

18

Average account size

$783,333

Client services

Financial planning Portfolio management

Fee options

Fixed

Flat fee of $5,000 per quarter for investment management services, negotiable; financial planning fees $500 - $15,000

Percentage

$0 - $2,500,000: 2% $2,500,001 - $3,500,000: 1.6% $3,500,001 - $4,500,000: 1.5% $4,500,001 - $10,000,000: 1.4% $10,000,001+: Negotiable

Project-based

Consulting fees minimum $250 per hour, negotiable

Other

Account minimum: $200,000 (generally), but no absolute minimum; individually negotiated Minimum fee: Minimum quarterly management fee of $5,000 or the fixed percentage, whichever is greater Fee-only: Flat fees for financial planning ranging from $500 to $15,000 with a minimum of $500

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Main office location

Vernon Management Group, Incorporated

3200 Lauderdale Road, Suite 103

Richm0 Nd VA 23233, United States

Number of offices

1

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