Bernard Wealth Management Corp. fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed July 23, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$300/hr

“The hourly rate for limited scope planning services is $300.”

Flat or project fee

$2,500

“The standard fee for a financial planning engagement is $2,500.”

Annual fee

$1,000⁠-⁠$20,000/yr

“The fee may range from $1,000 to $20,000 annually and is billed quarterly, in advance or prorated upon inception of the account(s).”

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How Bernard Wealth Management Corp. bills

Payment and refund terms, quoted from the fee section of the brochure.

• “Our portfolio management fees are charged quarterly, in advance, based upon the value of account(s) on the last business day of the prior quarter.”
• “We are permitted to charge you a fee for services we provide to you (and refund prepaid and unearned advisory fees).”
• “Services are generally billed on a flat fee basis.”

How Bernard Wealth Management Corp.’s fees compare

• Its hourly rate of $300 is above the Michigan median of $250. 61% of the 170 other Michigan planners that publish an hourly rate charge less.
• Its flat or project fee of $2,500 is below the Michigan median of $3,250. 36% of the 137 other Michigan planners that publish a flat or project fee charge less.
• Its annual fee of $1,000-$20,000 spans the Michigan median of $6,000. 76% of the 37 other Michigan planners that publish an annual fee charge less.

About Bernard Wealth Management Corp.

• Firm size: 4 employees.
• Founded: 2011 (15 years).

Planning areas mentioned in the brochure

• Retirement planning
• Tax planning

Firm details from Form ADV

How the firm is paid

Hourly fees, fixed or flat fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

1% a year

Clients

327

Employees

4

Works with

Individuals, high net worth individuals, pension and profit sharing plans, and charities

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, and portfolio management for businesses and institutions

Assets managed

$314,245,504

Registered with

U.S. Securities and Exchange Commission

Disciplinary disclosures

None reported

SEC CRD number

159533

Website

facebook.com/bernardwealthmanagement (opens in new tab)

Phone

(248) 556-2900

Can advise clients in 13 states: California, Colorado, District of Columbia, Florida, Louisiana, Massachusetts, Maryland, Michigan, New York, Ohio, Texas, Virginia, Washington

Other planners in Royal Oak that publish fees

• Deller Wealth Management LLCRoyal Oak$250⁠-⁠$10,000, $500/mo
• Royal Oak Financial Advisors, LLCRoyal Oak$50⁠-⁠$200/qtr
• Thrive Retirement SpecialistsRoyal Oak$3,000/qtr
• 320 Life Financial PlanningHolland$250/hr
• 46 and 2 Investment Advisors, LLCTraverse City$200/hr
• 4Square Advisory Services, Inc.Fenton$150/hr, Up to $1,500

Compare all 6 planners in Royal Oak