Wernau Asset Management fees and pricing

Financial planner in Gloucester, Massachusetts. Registered with the SEC.

According to its Form ADV Part 2A brochure dated February 4, 2026, Wernau Asset Management charges $300 an hour for financial planning.

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed February 4, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate: $300/hr; “Service Rate Consulting $300 Per hour For planning and family office clients, Wernau offers its clients a fixed fee per month that is negotiated in advance based on the scope of the proposed engagement.”

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

“Fees are charged quarterly in arrears based on the value of assets under management as of the last day of the calendar quarter.”
“Fees are charged in arrears (end of quarter) based upon a percentage of the total assets under management, including money market balances on the last trading day of each calendar quarter.”
“Management fees are negotiable under certain circumstances, at the sole discretion of the firm.”

Its hourly rate of $300 matches the Massachusetts median of $300. 49% of the 183 other Massachusetts planners that publish an hourly rate charge less.
None of the 2 other planners in Gloucester that publish an hourly rate charge less.

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: 1.5% a year
Clients: 101
Employees: 2
Works with: Individuals, high net worth individuals, and charities
Services reported to regulators: Financial planning, portfolio management for individuals and small businesses, portfolio management for businesses and institutions, and other services
Assets managed: $202,609,112
Registered with: U.S. Securities and Exchange Commission
Disciplinary disclosures: None reported
SEC CRD number: 129473
Website: wernauassetmanagement.com (opens in new tab)
Phone: (617) 871-0029

Can advise clients in 3 states: Massachusetts, New Hampshire, New York

Is something on this page wrong or out of date?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.