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McAvoy Kemp Wealth Management, LLC

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Total assets under management

$63,825,233

Total clients

110

25% high-net worth

Total advisors

2

of 3 employees

Firm size

Supported

1-3 advisors or $200M+ in AUM

Average clients per advisor

55

Average account size

$580,229

About

McAvoy Kemp Wealth Management provides financial planning and portfolio management to individual and high-net-worth clients, as well as pension/profit-sharing plans and trusts. The firm manages approximately $63.8 million for roughly 110 clients and operates with two advisory professionals.

The firm’s advice is delivered through individualized financial planning (covering goals, cash flow, tax and estate considerations) and asset-allocation recommendations, with periodic reviews and rebalancing back to target allocations. Accounts are generally managed on a discretionary basis, portfolios commonly include mutual funds and ETFs, and the firm typically applies a negotiable account minimum of $250,000.

Distinctive features include an affiliation with an insurance agency and that some firm representatives are licensed to sell insurance products and serve as registered representatives of a broker-dealer, arrangements that can generate commission compensation in addition to advisory fees. The brochure discloses these dual roles and related conflicts of interest and notes that firm representatives are required to use a particular broker-dealer for brokerage services, though clients retain the option to implement recommendations elsewhere.

Client services

Financial planning Portfolio management
Tax planning/returns, educational programs, risk management and financial coaching

Fee options

Fixed

May charge a one-time setup fee not exceeding $200 per account; retainer fees for certain services up to six months in advance, capped at $500.

Percentage

$0 - $200,000: 1.50% $0 - $200,000: 1.40% $200,000 - $300,000: 1.20% $300,000 - $500,000: 1.00% $500,000 - $1,000,000: 0.75% $1,000,000+: 0.50%

Commissions

Advisers are Registered Representatives of a broker/dealer and accept commissions for sales of securities/products; commissions are in addition to advisory fees.

Project-based

Fees for limited or project-based advice may be based on hourly rates.

Other

Account minimum: $250,000 (negotiable) Fee-only: Hourly rates, retainers up to six months in advance, or project-based fees for limited or specific financial planning services.

Disclosures

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

Business activities & affiliations

Main office location

McAvoy Kemp Wealth Management, LLC

2121 25 Th Street, Suite A

Columbus IN 47201-3214, United States

Number of offices

2

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