Wealth Cmt

Wealth Creation Management & Transfer, LLC (Wealth CMT) was established in May 2008 and specializes in providing wealth planning and management services. The firm focuses on excellent client service, personalized attention, and knowledge of financial markets. Wealth CMT requires clients to enter into written agreements before providing investment advisory services. The firm's principal owners are Andrew J. Barnett and Eric M. Feder. As of December 31, 2022, Wealth CMT managed $264,093,823 in assets on a discretionary basis. Wealth CMT offers financial planning and consulting services with fees ranging from $3,500 to $25,000, depending on the scope. Investment management fees are based on a percentage of assets under management, with a tiered fee structure. The firm may recommend the services of other professionals for implementation, but clients retain discretion over all implementation decisions. Wealth CMT does not engage in performance-based fees or side-by-side management. Clients can engage Wealth CMT to manage assets on a discretionary basis, allowing the firm to make investment decisions without prior client approval. The firm's investment strategies include Conservative, Moderate, Balanced, Growth, and Aggressive Growth approaches, each tailored to different risk profiles and time horizons. Wealth CMT conducts ongoing account reviews and provides clients with regular account statements and reports. Wealth CMT recommends using Schwab Advisor Services as a custodian and broker, with transactions executed independently unless aggregated for best execution. The firm may receive economic benefits from Schwab, including software and support services. Wealth CMT exercises investment discretion on behalf of clients and does not vote proxies for client securities. The firm does not have custody of client assets and does not disclose financial information as it does not prepay fees or have financial conditions that impair its commitments.