The firm was formed in April 2012, and as of December 31, 2024, it reported $608,488,615 in discretionary assets under management.
The service emphasizes regular, structured interaction with clients, described by the firm as the Every Client, Every Month™ approach, and coordination with a client’s other professional advisors, such as accountants and attorneys, to support broader wealth management goals.
The main services the firm offers include:
Wealth management: Combines comprehensive financial planning with discretionary investment portfolio management.
Investment management: Manages portfolios primarily using mutual funds, ETFs, individual debt and fixed-income securities.
Financial planning and consulting: This may include retirement planning, education planning, debt/liability management, and goal setting
Windfall planning and transition support: Support for major liquidity events, including inheritances, life insurance proceeds, business sales, retirement consolidations, and IPO-related liquidity.
Independent manager selection and oversight: May recommend and monitor third-party Independent Managers for part of a portfolio while continuing to oversee objectives and performance.
Wrap fee program option: The Manske Wealth Management Wrap Program bundles investment management and brokerage services into a single annualized fee.
How clients typically interact with the service
Clients enter into a written advisory agreement, work directly with a human advisor to define goals and risk parameters, and may request reasonable investment restrictions.
Portfolios are monitored on an ongoing basis, with account reviews conducted at least quarterly for wealth management clients.
What are the pros and cons of Manske Wealth Management?
Manske Wealth Management provides an advisor-led wealth management service focused on ongoing financial planning, discretionary portfolio management, and frequent client communication.
Pros of Manske Wealth Management:
Advisor-led, discretionary management: Client portfolios are managed on a discretionary basis, allowing advisors to implement investment decisions without requiring approval for each transaction. This can support timely portfolio adjustments and ongoing oversight.
Integrated financial planning: Wealth management typically includes comprehensive financial planning alongside investment management. Planning services can also be engaged on a standalone basis.
Regular account monitoring and reviews: Investment portfolios are monitored on an ongoing basis, with formal account reviews conducted at least quarterly for wealth management clients, and client check-ins conducted at least annually.
Flexible portfolio construction: Portfolios are primarily built using mutual funds, ETFs, and individual equity and fixed-income securities, with the option to incorporate independent third-party managers or alternative investments when appropriate.
Wrap fee program availability: Clients may choose to participate in a wrap fee program that bundles investment management and brokerage services into a single annualized fee, offering a simplified fee structure for those who prefer it.
Cons of Manske Wealth Management:
Not a low-cost or automated solution: The service is designed as a traditional advisory relationship rather than a robo-advisor or self-directed platform, which may make it less suitable for investors primarily focused on minimizing advisory costs.
Potential for layered fees: When independent managers, mutual funds, ETFs, or brokerage services are used, clients may incur additional fees beyond Manske Wealth Management’s advisory fee.
Limited appeal for hands-on investors: As portfolios are managed on a discretionary basis, investors seeking direct control over individual investment decisions or frequent self-directed trading may find the service less aligned with their preferences
Manske Wealth Management fees: How much does Manske Wealth Management cost?
Manske Wealth Management charges fees based on the specific services a client uses, combining asset-based advisory fees for ongoing wealth management with fixed fees for standalone financial planning or consulting.
Wealth management advisory fees:
For ongoing wealth management, Manske Wealth Management charges an annual advisory fee calculated as a percentage of the market value of assets it manages on a discretionary basis.
Annual advisory fee: Varies based on assets under management (AUM) and the type of services provided, up to 1.0% per year.
Billing method: Fees are prorated and billed quarterly, in arrears, based on account value at the end of the prior quarter.
Negotiability: The firm may agree to a lower advisory fee at its discretion, considering factors such as account size, related accounts, anticipated future assets, or long-term client relationships
Financial planning and consulting fees (standalone):
Clients who engage Manske Wealth Management solely for financial planning or consulting, outside of ongoing wealth management, are generally charged a fixed fee.
Typical fee range: $1,000 to $5,000, depending on the scope and complexity of services.
Payment structure: Typically, 50% is due at engagement, with the balance due upon delivery of the financial plan or completion of services.
Potential fee offset: If a client later engages the firm for wealth management, part or all of the prior planning fee may be offset against advisory fees.
Other costs clients may incur
In addition to Manske Wealth Management’s advisory fees, clients may incur third-party costs related to account custody, trading, or investment products.
Brokerage and custodial fees
Fund-level expenses for mutual funds or ETFs
Fees charged by independent managers
Transaction-related costs, including commissions or wire fees
What is Manske Wealth Management’s minimum account size?
Manske Wealth Management does not disclose a specific minimum account balance to open a wealth management account.
Instead, it generally sets eligibility through a minimum annual advisory fee of $1,500 as a condition for starting and maintaining the relationship.
The firm also indicates it may waive this minimum annual fee at its discretion based on factors such as anticipated future additional assets, related accounts, account composition, client relationship considerations, and similar circumstances.
Manske Wealth Management minimum requirements
| Requirement type | What’s disclosed |
|---|---|
| Minimum account balance (asset minimum) | Not specifically disclosed |
| Minimum annual advisory fee | $1,500 per year (may be waived at the firm’s discretion) |
Who should choose Manske Wealth Management?
Manske Wealth Management works well for:
Investors seeking an ongoing relationship: Clients who prefer to work directly with a financial advisor and delegate day-to-day investment decisions through discretionary management may find the service well aligned with their expectations.
Individuals with ongoing planning needs: The service integrates investment management with financial planning, including retirement planning, education funding, debt management, and broader goal setting.
Clients experiencing major financial transitions: The firm frequently works with clients managing significant one-time liquidity events, such as inheritances, business sales, retirement-related asset consolidation, or rollovers from prior employer retirement plans.
Long-term investors: Portfolios are designed and managed with a long-term investment perspective, with ongoing monitoring and periodic reviews rather than short-term trading activity.
Who might not benefit as much:
Hands-on or self-directed investors: As portfolios are managed on a discretionary basis, investors who want direct control over individual investment decisions or frequent trading may find the service less suitable.
Those seeking automated or app-based investing: Investors looking for a purely digital, robo-advisor-style platform with automated onboarding and minimal advisor interaction may prefer a different type of service.
Manske Wealth Management: Is it secure?
Manske Wealth Management is registered with the U.S. Securities and Exchange Commission (SEC) as an investment adviser, which subjects the firm to ongoing regulatory requirements, including disclosure obligations and fiduciary duties to clients.
Client assets are generally held at an independent third-party custodian rather than directly by the advisory firm.
The firm typically recommends Charles Schwab & Co., Inc. for brokerage and clearing services for investment management accounts. Clients receive account statements directly from the custodian at least quarterly, allowing them to verify holdings and transactions independently.
From an oversight perspective, wealth management portfolios are monitored on an ongoing basis, with formal account reviews conducted at least quarterly. These reviews are part of the firm’s standard advisory process rather than ad hoc checks.
Manske Wealth Management: Customer service
Manske Wealth Management’s customer service model centres on direct, advisor-led communication rather than a self-service or app-based support experience.
Client interaction is built into the ongoing advisory relationship through regular conversations, scheduled reviews, and periodic reporting, rather than tiered help desks or on-demand chat support.
As a result, the experience may feel well-suited to clients who value regular, relationship-based communication, but less aligned with investors seeking 24/7 support or real-time digital assistance.
Manske Wealth Management: Mobile app
Manske Wealth Management does offer a mobile app for clients.
Instead, mobile access appears to be provided through third-party platforms associated with account custody and client portal access.
Is Manske Wealth Management worth it?
Whether Manske Wealth Management is worth it depends on what an investor is looking for in an advisory relationship.
For investors who want an advisor-led, ongoing wealth management service, the firm offers a traditional RIA-style model with ongoing monitoring and periodic reviews.
On the other hand, investors primarily looking for a low-cost, automated investing platform may find the service less suitable.
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