Frequently Asked Questions
How can I become a client?
KW Wealth Management requires a minimum account size of $500,000 for managed investment services.
Minimum account requirements vary across firms and depend on the type of investment management—such as Robo-advisors, digital management tools, or a full-service advisor who addresses a client's financial needs at every stage. As a full-service, client-centered firm, KW Wealth Management offers tailored strategies that evolve with each client’s unique life stage and financial goals.
Clients of similar ages and risk profiles may require different withdrawal strategies or investment plans. Since launching independently in 2018, KW Wealth Management has balanced high-quality advisory services with a competitive pricing model. We continuously enhance our operational efficiency and service quality by maintaining sustainable client engagement and investing in technology and customized research.
What is the fiduciary standard?
KW Wealth Management adheres to the fiduciary standard, meaning we act solely in our clients’ best interests. We prioritize undivided loyalty and integrity, guided by our code of ethics and strong compliance culture. As fiduciaries, we uphold the following specific duties:
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Collect suitability and investment profile information.
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Provide suitable and appropriate advice aligned with the client’s best interest.
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Fully disclose material facts and any potential or actual conflicts of interest.
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Serve with loyalty and in utmost good faith.
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Exercise reasonable care to avoid misleading clients.
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Strive for the best execution of transactions.
Where would my investments be held, and what is the insurance coverage?
Client securities accounts at Interactive Brokers LLC are protected by the Securities Investor Protection Corporation (SIPC), covering up to $500,000, including a cash sublimit of $250,000. Interactive Brokers LLC also maintains an excess SIPC policy with underwriters at Lloyd’s of London, which adds up to $30 million in coverage per account, including a $900,000 cash sublimit, with an aggregate limit of $150 million. This coverage protects against broker-dealer failure, not market value fluctuations. Futures and options on futures are not covered by SIPC or excess SIPC policies.
What are the duties of a custodian?
The custodian’s responsibilities include:
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Valuing holdings.
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Collecting income and dividends owed to clients.
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Settling all transactions (buy-sell orders).
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Providing monthly reports detailing transactions, cash flows, securities held, current value, and changes in each security’s and the overall portfolio’s value since the previous report.
At KW Wealth Management, we do not serve as trustees, have custody of client assets, or facilitate transfers beyond the account holder’s name.
What fees do brokers and advisers charge?
Fees depend on your agreement with the broker or adviser. Typically, advisers charge an ongoing asset-based fee based on your account’s total value. You may also incur other costs related to services and investments. While an asset-based fee may be more costly than a transaction-based one, it may better suit clients who prefer ongoing advice and active management.
What does it mean to be independently owned?
As an independent, privately held company, we are a brokerage custodian offering FDIC and SIPC coverage. We work solely for our clients, without external affiliations.
What kinds of assets are used in your portfolios?
We generally focus on mutual funds, fixed-income securities, insurance products (including annuities), equities, ETFs (including those in gold and precious metals), TIPS (Treasury Inflation-Protected Securities), non-U.S. securities, and private placements. We may also diversify portfolios with other securities when appropriate.
How do you charge for your services?
We charge based on a percentage of assets under management or fee-only financial planning. For portfolio management, fees are accrued daily, calculated using the previous day’s net asset value (NAV) adjusted for deposits and withdrawals, and are billed quarterly in arrears by Interactive Brokers. Clients receive a notice via email and the Customer Service Message Center.
What is discretionary trading?
KW Wealth Management has discretionary trading authority on client accounts, making investment decisions based on market conditions, risk tolerance, and investment objectives. We do not use automated trading and aim to minimize clients’ emotional reactions to market fluctuations. As a result, same-day trade requests received by email, voicemail, or text are not accepted or processed.