What is wealth management?

Wealth management is an umbrella term for a suite of financial services specifically tailored to the needs of high-net-worth and ultra-high-net-worth clients. Unlike a one-time financial plan, wealth management offers continuous support. As part of the long-term relationship, we provide asset management, financial planning, tax planning strategies, retirement planning, and situational advice around sudden wealth events.

Do wealth management firms have investment minimums?

Most fee-only registered investment advisors have a relationship minimum based on managed assets. Darrow Wealth Management has a $2M investment minimum.

How are fee-only wealth managers compensated?

As fee-only advisors , we are compensated only by our clients based on a percentage of assets under management (AUM). Unlike fee-based firms, we don’t sell products like life insurance or earn revenues or commissions from third parties. Our fee schedule depends on the portfolio size, starting at 1% of assets under management for portfolios between $2M and $3M. Management fees decrease on the entire portfolio as the asset level increases.

Who is a good fit for your wealth management services?

A typical wealth management client is an early employee with stock, founder, or individual experiencing a multi-million-dollar liquidity event from an IPO, acquisition, inheritance, or business sale. Our clients are high-net-worth and ultra-high-net-worth individuals who are approaching or have recently completed a liquidity event, looking for an ongoing, AUM-based advisory relationship with a fee-only fiduciary.

Should my financial advisor coordinate with CPA and estate attorney?

A team approach is essential to managing wealth at the highest level. An ongoing advisory team typically includes three professionals: a CPA or tax advisor, a financial advisor or wealth manager, and an estate planning attorney. At Darrow, we often quarterback planning efforts with our client's outside tax and legal advisors.

Wealth Management Services

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Wealth Management Combines Investment Management and Financial Planning

The Darrow Wealth Management Program offers clients a complete solution to their asset management and comprehensive financial planning needs. We specialize in helping individuals navigate a sudden wealth event from stock options or equity compensation, an inheritance, or the sale of a business. As an independent registered investment advisor, we have a full-time fiduciary duty to our clients, which is supported by a fee-only compensation model.

Financial decisions shouldn’t be made in a vacuum. That’s why our financial advisory services include ongoing investment management and financial planning support. The nature of the advice and support we provide typically evolves over the course of a long-term partnership with our clients, as their financial situation, life stage, and goals will inevitably change.

Explore Wealth Management Services

Investment Management

Pre-IPO Financial Advisor

Retirement Planning

Tax Planning Strategies

Sudden Wealth

Financial Planning

Fee-Only Wealth Management

As a fee-only financial advisor, we are only paid as a percentage of assets under management. Unlike fee-based advisors, who also charge AUM-based fees, we do not sell securities, investment products, or receive commissions or compensation from third parties. As a client, you will never have to worry that your advisor may try to sell you a financial product for their own personal gain.

Fiduciary Financial Advisor

As a financial fiduciary and registered investment advisor, we are legally bound to act at all times for the sole benefit and interest of our clients. This is the highest act of loyalty, trust and care as established by law.

Your Cohesive Financial & Investment Strategy

More Than Money Management: Robust Financial Planning Capabilities

Holistic wealth management services for your entire financial life.
A trusted partner to help you manage your money and navigate what comes your way, along the way.

Our Clients:

Employees with stock options and equity compensation
Business owners
Biotech professionals
Individuals planning for a sudden wealth event (inheritance, business sale, trust fund distribution)
Technology and software professionals

Financial Advisor in Boston with clients across the U.S.

Darrow Wealth Management is based in Greater Boston, but we have clients who live across the country. As a SEC-registered investment advisor, we are able to work with individuals across the U.S., even if we don’t have a physical office nearby.

About Darrow Wealth Management

In 1987, we began helping individuals and families invest in their future. Now a second generation family business, we are proud to have the opportunity to help multiple generations of families in the community achieve their wealth and lifestyle goals.

The Darrow team of financial advisors includes CERTIFIED FINANCIAL PLANNER™ professionals, a CPA and a CFA® charterholder. Learn more about our Wealth Management Program by scheduling a call with an advisor.

Frequently Asked Questions About Wealth Management Services

What is wealth management?
Wealth management is an umbrella term for a suite of financial services specifically tailored to the needs of high-net-worth and ultra-high-net-worth clients. Unlike a one-time financial plan, wealth management offers continuous support.
As part of the long-term relationship, we provide asset management, financial planning, tax planning strategies, retirement planning, and situational advice around sudden wealth events.
Do wealth management firms have investment minimums?
Most fee-only registered investment advisors have a relationship minimum based on managed assets. Darrow Wealth Management has a $2M investment minimum.
How are fee-only wealth managers compensated?
As fee-only advisors, we are compensated only by our clients based on a percentage of assets under management (AUM). Unlike fee-based firms, we don’t sell products like life insurance or earn revenues or commissions from third parties.
Our fee schedule depends on the portfolio size, starting at 1% of assets under management for portfolios between $2M and $3M. Management fees decrease on the entire portfolio as the asset level increases.
Who is a good fit for your wealth management services?
A typical wealth management client is an early employee with stock, founder, or individual experiencing a multi-million-dollar liquidity event from an IPO, acquisition, inheritance, or business sale.
Our clients are high-net-worth and ultra-high-net-worth individuals who are approaching or have recently completed a liquidity event, looking for an ongoing, AUM-based advisory relationship with a fee-only fiduciary.
Should my financial advisor coordinate with CPA and estate attorney?
A team approach is essential to managing wealth at the highest level. An ongoing advisory team typically includes three professionals: a CPA or tax advisor, a financial advisor or wealth manager, and an estate planning attorney. At Darrow, we often quarterback planning efforts with our client's outside tax and legal advisors.