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Integrated Wealth Management Review

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This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

Integrated Wealth Management, also known as Integrated Wealth Advisors, is a financial advisory firm based Wilmington, Delaware. The firm is on the small side, with just a couple of financial advisors on staff and around $100 million in assets under management. It serves both non-high-net-worth and high-net-worth individuals, providing wealth and investment management services to these investors and their families. Though the firm’s current client roster includes only one non-individual client: a single retirement plan.

Integrated Wealth Management Background

Integrated Wealth has been in business since 2004. It is wholly owned by Integrated Wealth Management, LLC, which is wholly owned by Burwell L. Hutchinson III, who is the firm’s managing member, founder and lead wealth advisor.

Hutchison originally founded his own independent advisory firm, BLH Financial Services, in 2004. That firm eventually merged with Ted Fischer to form Fischer and Hutchinson Wealth Advisors. Fischer retired in 2011. In 2013, Fischer and Hutchinson, LLC, united with Pratt Wasko, LLC, to form Integrated Wealth Management.

Integrated Wealth Management Client Types and Minimum Account Sizes

Individual investors who are looking for a small, boutique financial advisory firm will likely find what they are looking for with Integrated Wealth Management. With just a couple of advisors, investors will know exactly who is making decisions about their money. The lack of an account minimum may also make the firm appealing to younger investors who are starting to manage and grow their wealth. However, the firm’s client base includes both non-high-net-worth and high-net-worth individuals. 

Additionally, Integrated Wealth Management is capable of serving pension plans, profit-sharing plans, trusts, estates, charitable organizations, corporations and other business entities.

There is a $750,000 minimum account size required by Integrated Wealth Management. However, the firm may waive this minimum for some clients based on criteria like anticipated future earnings, related accounts or pro bono activities.

Services Offered by Integrated Wealth Management

These are the basic services offered by the advisors at Integrated Wealth Management:

  • Financial goal planning
  • Cash flow management
  • Debt management
  • Risk management
  • Asset protection
  • Tax planning
  • Estate planning
  • Tax return preparation
  • Investment planning
  • Asset management

Integrated Wealth Management Investment Philosophy

Integrated Wealth Management prides itself on being “the personal fiduciary” for its clients. It aims to tailor each investing strategy to the client, taking into account the client’s financial goals and situation. The following investment strategies may be implemented by advisors at Integrated Wealth Management:

  • Long term purchases (holding securities for at least a year
  • Short term purchases (holding securities for less than a year)
  • Options (contract for purchase or sale of a security at a determined time)

Investments the firm commonly uses in client portfolios include mutual funds, exchange-traded funds (ETFs), real estate investment trusts (REITs), individual debts, individual equities, variable annuities and variable life insurance contracts.

Fees Under Integrated Wealth Management

Integrated Wealth Management, like most financial advisor firms, charges for its advisory services based on a percentage of assets under management. These go as follows:

Integrated Wealth Management Fee Schedule
AUM Annual Fee
Up to $500,000 1.50%
$500,000 - $1,000,000 1.25%
$1,000,000 - $5,000,000 1.00%
$5,000,000 - $10,000,000 0.75%
$10,000,000 - $15,000,000 0.50%
Over $15,000,000 0.25%

Here's a breakdown of about what you'll pay for investment management at Integrated Wealth:

*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 Integrated Wealth Management*
Your Assets Integrated Wealth Management Fee Amounts
$500K $7,500
$1MM $13,750
$5MM $53,750
$10MM $91,250

What to Watch Out For

Integrated Wealth Management doesn’t have disclosures on its SEC record.

Opening an Account With Integrated Wealth Management 

Potential clients can contact the firm through a form on the company’s website. The form requests basic contact details and provides space to leave a note about why you are contacting Integrated Wealth Management. However, you can also call the firm directly at (302) 442-4233.

All information is accurate as of the writing of this article.

Financial Planning Tips

  • Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
  • If you don’t have access to a 401(k) plan or other workplace retirement account, using an IRA can be a good way to start saving for your retirement.

How Long $1 Million Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We weighed potential expenditures for a prospective retiree with a  $1 million nest egg to assess how many years that fund would cover in retirement in America’s largest cities.

We applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in metro areas across the U.S.

We assumed the $1 million would grow at a net annual return of 2% after inflation. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.