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|
|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%|
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|
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.
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