Caliber Wealth Management is an SEC-registered financial advisor based in Orem, Utah. The firm provides various services focusing on overall financial planning and portfolio management. It works with individuals, as well as businesses and employer-sponsored retirement plans. SmartAsset's list of the top financial advisors in Orem includes Caliber Wealth Management.
As a fee-based firm, Caliber employs some advisors who can earn securities commissions in addition to client-paid fees. This differs from the structure of a fee-only firm, which is one that earns all of its compensation from client-paid fees.
Caliber Wealth Management Background
Caliber Wealth Management has been offering investment advisory services since 2014. The boutique firm employs a small team of advisors, including an accredited investment fiduciary (AIF). The company is owned by 112 Ventures, LLC and Nuttall Holdings, Inc. Co-managing partner David Gardner and co-managing partner and chief compliance officer (CCO) Todd Nuttall run Caliber Wealth Management on a day-to-day basis.
Caliber Wealth Management Client Types and Minimum Account Sizes
Caliber Wealth Management generally works with individuals. A small fraction of these are high-net-worth individuals. It also advises pension and profit-sharing plans and businesses.
Caliber Wealth Management does not utilize a minimum initial investment requirement.
Services Offered by Caliber Wealth Management
Caliber Wealth Management creates custom investment portfolios for its clients. The firm deploys an asset allocation strategy based on an individual client's risk tolerance, needs and investment objectives. Your portfolio may invest in the following securities.
The investment advisory process begins with clients showing their advisor what they're looking to accomplish. The firm uses this to analyze a client’s current financial situation and goals in order to create an investment portfolio that may be appropriate to meet those objectives. You can also use this form to input special instructions or limits you request on your investments.
In addition, the firm also offers holistic financial planning services. These programs are designed to help clients meet their financial goals within a set period of time. The firm tailors each program to an individual’s needs. They may touch upon savings, investments, insurance, retirement accounts, estate plans and other areas of a client’s financial life.
Caliber Wealth Management Investment Philosophy
Caliber Wealth Management utilizes several methods to influence its investment decisions. Here's a breakdown of each:
- Fundamental Analysis: Projecting market turns and trends by analyzing historical data as well as current conditions
- Charting: Predicting the direction of prices by examining patterns to find current market trends
- Technical Analysis: Analyzing price and trade volume of the past and present to forecast where prices are moving
- Cyclical Analysis: Project movement of prices by exploring the historical relationship between market trends and prices
Fees Under Caliber Wealth Management
For investment management services, Caliber Wealth Management charges a fee based on a percentage of your assets under management (AUM). Below, we laid out the annual percentage rate. However, these fees are broken down and deducted on a quarterly basis.
|Caliber Wealth Management Fee Schedule|
|Managed Assets||Annual Fee|
|Up to $1,000,000||1.25%|
|$1,000,000 - $1,999,999||1.00%|
|$2,000,000 - $6,999,999||0.75%|
|$7,000,000 - $10,000,000||0.50%|
|More than $10,000,000||Negotiable|
Check out the table below to see how the asset-based fees of Caliber Wealth Management come out in terms of dollars:
|*Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount.|
|Estimated Investment Management Fees at Caliber*|
|Your Assets||Caliber Fee Amounts|
Caliber Wealth Management charges an agreed-upon fixed or hourly fee for general financial planning services. Fees can vary based on the complexity of the program. The fixed fee ranges from $300 to $1,000. Hourly fees are generally $150.
What to Watch Out For
Caliber Wealth Management has no legal or regulatory disclosures according to the firm’s most recent Form ADV.
Certain advisors at Caliber Wealth Management may receive compensation from the sale of securities. Thus, its members may be incentivized to recommend these investments in light of potential compensation. This arrangement may create a potential conflict of interest. But as a fiduciary, Caliber is obligated by law to work in your best interest, no matter what.
Opening an Account with Caliber Wealth Management
You can open an account with Caliber Wealth Management by visiting the firm’s headquarters in Orem, Utah. You can also reach the firm by dialing (385) 223-8688.
All information is accurate as of the writing of this article.
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