Get started with a free assessment.
Frequently Asked Questions
Yes, 100% of the time. Spark Wealth Advisors is a registered investment advisor (RIA) — all RIAs are held to the fiduciary standard. Being a fiduciary means we are legally and ethically bound to act in your best interest. We don't answer to a parent company or a set of sales quotas — we answer only to you.
It means our only source of compensation comes directly from you, the client. We do not accept commissions, kickbacks, or "referral fees" from third parties (like insurance companies or mutual fund managers) for recommending specific investment products. This ensures our advice remains objective and completely aligned with your goals.
If you decide to work with us after the free assessment, we charge an asset management fee based on the following schedule:
| Assets Under Management | Annual Advisory Fee |
|---|---|
| Under $1M | $10,000 |
| $1M – $2M | 1.00% |
| $2M+ | 0.80% |
This fee covers ongoing investment management, tax planning, retirement planning, estate and insurance guidance, and unlimited review meetings.
Our services are best suited for individuals and families who have saved at least $1 million, not including money in a 401(k) if you're still working. This allows us to provide the high level of specialized attention and complex planning that these portfolios require. If you're just shy of $1 million, our minimum fee of $10,000 per year applies.
Your assets are held by an independent, third-party custodian, Altruist. We are granted "limited power of attorney" to trade and manage the accounts on your behalf, but your money stays in your name. Learn more about Altruist here.
