W

Washington Financial Group, Inc.

Updated today

Total assets under management

$119,042,191

Total clients

213

29% high-net worth

Total advisors

2

of 2 employees

Firm size

Supported

1-3 advisors or $200M+ in AUM

Average clients per advisor

107

Average account size

$558,884

About

Washington Financial Group, Inc. provides portfolio management, financial planning, and estate planning services primarily to individual and trust clients and manages roughly $119 million in discretionary assets. The firm also offers insurance products and separately managed account solutions, and implements trades through in-house portfolios as well as third‑party money managers.

WFG follows a dynamic asset allocation process that begins with a risk tolerance analysis to create a client‑specific asset and funds allocation and typically favors long‑term equity exposure. The adviser selects third‑party managers (including platforms such as Envestnet and Schwab Institutional) using quantitative and qualitative criteria — including YTD, multi‑year and since‑inception returns, best/worst quarters and years, and various risk‑return statistics — and may overweight sectors or styles for 12–18 month tactical periods.

Compared with many peers, WFG combines registered investment advisory services with insurance brokerage activity and accepts commissionable business for insurance and certain investment products; the brochure discloses that 12b‑1 and distribution fees may be credited toward advisory fees in some cases and that fees can be waived when commissionable products are sold. The firm also regularly relies on and introduces clients to other investment advisers and third‑party managers, documenting detailed manager performance and risk metrics as part of its manager‑selection and client communications.

Client services

Financial planning Portfolio management Selection of other advisers
On more than an occasional basis, furnishes advice to clients on matters not involving securities

Expertise

General estate planning guidance Wealth management Retirement plans for business owners (SEP, solo 401k)

Fee options

Fixed

Flat fees range from $1,000 to $10,000 annually depending on scope; negotiable based on case size and complexity.

Percentage

$0 - $250,000: 1.00% annually or a negotiated flat fee $250,000 - $1,000,000: 1.00% annually $1,000,000 - $5,000,000: 0.75% annually $5,000,000 - $10,000,000: 0.50% annually $10,000,000+: 0.25% annually

Commissions

Commissions from sale of financial and insurance products; commissions may offset advisory fees with client written agreement; no offset from insurance product commissions.

Project-based

$200 per hour for financial and/or estate plan analysis; $150 per hour for other advisory and administrative services.

Other

Account minimum: $250,000 Minimum fee: Typically, if the account does not meet the $250,000 minimum, fees will be the highest of 1% annually or a flat dollar amount as agreed. Fee-only: Flat fees typically range from $1,000 to $10,000 annually depending on service scope; one-time plans $1,000 to $3,000; ongoing comprehensive services $2,000 to $9,000+ per year.

Main office location

Washington Financial Group, Inc.

832 Main Street, 2 Nd Floor

Osterville MA 02655, United States

Number of offices

4

Most active in

Louisiana · Massachusetts · North Carolina

Disclosures

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

Business activities & affiliations

Quick links

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