Black Walnut Wealth Management fees and pricing

Financial planner in Traverse City, Michigan. Registered with the SEC.

According to its Form ADV Part 2A brochure dated May 14, 2026, Black Walnut Wealth Management charges an annual fee of $7,500 for financial planning.

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed May 14, 2026. Fees can change, so confirm with the firm before you hire them.

Annual fee: $7,500/yr; “BWWM requires a minimum annual fee of $7,500, although we reserve the right to make exceptions at our discretion.”

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

“Fees in the initial quarter of service are prorated based on the number of days in the prior quarter the account was serviced by BWWM.”
“For accounts opened or closed mid-billing period, fees will be prorated based on the days services are provided during the given period.”

Its annual fee of $7,500 is above the Michigan median of $6,000. 59% of the 37 other Michigan planners that publish an annual fee charge less.

How the firm is paid: Fixed or flat fees, percentage of assets under management
Charges a % of assets: Yes
Highest asset based fee in brochure: 2% a year
Minimum: $7,500 minimum fee (stated in brochure)
Clients: 86
Employees: 2
Works with: Individuals and high net worth individuals
Services reported to regulators: Financial planning, portfolio management for individuals and small businesses, and newsletters and publications
Assets managed: $136,776,561
Registered with: U.S. Securities and Exchange Commission
Disciplinary disclosures: None reported
SEC CRD number: 337606
Website: blackwalnutwm.com (opens in new tab)
Phone: (231) 421-7711

Is something on this page wrong or out of date? Email corrections@plannerfees.com and PlannerFees will check it against the firm's latest filing.