Overview


Kovack Advisors, Inc. has partnered with Wealthcare Capital Management, LLC, to bring you Choice UMH, a Unified Managed Household (UMH) program that offers the ultimate in investment choice combined with value-added household-based rebalancing and tax location services.  As an option, investment portfolios can be connected to a patented goals-management system to provide clients a true goals-driven investment program. The program makes available more than 160 preset portfolios designed to help you match investment strategy with your philosophy and client preferences. The low cost, risk-managed strategies, when connected to the patented Comfort Zone, provide a powerful and unique approach to give clients clarity, confidence and control over their goals and advisors a platform for growing their business.

Choice UMH:

  • Assets are managed by Wealthcare Capital Management LLC
  • ·Includes household level rebalancing and tax management services
  • Includes access to Wealthcare’s patented goals-management system, quarterly Comfort Zone reporting, and goal planning/management services.
  • For full program, household minimum is $250,000 and account minimums do not apply.  For investment only option, household minimum does not apply, but account minimums apply. Investment only account minimums are strategy specific and begin at $25,000.
  • No transaction charges when NTF funds and ETFs are used
  • Normal transaction fees apply when transaction fee funds and ETFs are used
  • Available at IWS
  • Transactions in Foreign Securities may incur additional clearing firm charges.  Please contact the trading department for specific charges that may apply.

Getting Started


Paperwork:

For the appropriate advisory paperwork access the forms section of KSI InTouch 3.0.

Pricing:

(Best viewed in landscape)

 
Full Program
Total Advisor Cost

Investment Only**
Total Advisor Cost

Household Size

Strategic Passive  Portfolios*

Active/Dynamic Portfolios*

Strategic Passive  Portfolios*

Active/Dynamic Portfolios*

1st $500,000.00

0.45%

0.55%

.35%

.45%

Next $500,000.00

0.35%

0.45%

.25%

.35%

>$1,000,000.00

0.25%

0.35%

.15%

.25%

* This fee schedule uses household based tiers.  The total cost to the advisor for a $1 million housed with four accounts is 40 bps for a passive portfolio with goal management services.  In addition, the client pays $100 per account or $400 for four accounts.  Therefore, the total effective cost for this example client is 44 bps plus any transaction charges.  Wealthcare reduces transaction charges through the use of NTF funds and ETFs, and through its household-based rebalancing methodology.

**The passive & active investment only option does not include access to Wealthcare’s patented goals management system, quarterly comfort zone reporting, and goal planning/management services.


 

 

 

 

 

Copyright ©2017 Kovack Advisors, Inc.,
6451 North Federal Highway, Suite 1201
Fort Lauderdale, Florida 33308
Call us at (954) 670-0617
Email: info@kovackadvisors.com

 

Check the background on this investment firm at the SEC's Investment Adviser Public Disclosure website.