Expert Finance Writer
How does the advisor help clients – Key Takeaways:
Gallagher Wealth Management is a financial services firm that specializes in providing comprehensive wealth management solutions to high net worth individuals and families. With a team of experienced and knowledgeable advisors, they work closely with their clients to help them achieve their financial goals and objectives.
Some of the key takeaways from Gallagher Wealth Management’s approach to helping clients include:
- Personalized Financial Planning: The advisors at Gallagher Wealth Management take the time to understand each client’s unique financial situation, needs, and goals to develop a customized financial plan.
- Holistic Wealth Management: They offer a wide range of financial services, including investment management, retirement planning, tax planning, estate planning, and more, to help clients achieve their long-term financial goals.
- Transparent Communication: The firm believes in open and honest communication with their clients, providing them with regular updates and reports on their investments and overall financial portfolio.
Facts and Insights:
Gallagher Wealth Management was founded in 2005 and is headquartered in Chicago, Illinois. The firm currently manages over $3 billion in assets and has a team of 50 advisors.
Their clients mainly consist of high net worth individuals and families, with an average net worth of $5 million. They also serve some institutional clients, such as corporations and foundations.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $3 billion | 50 | 16 years |
Financial Services Offered:
- Investment Management
- Retirement Planning
- Tax Planning
- Estate Planning
- Insurance and Risk Management
- Cash Flow and Debt Management
- Philanthropic Planning
Client Types:
Gallagher Wealth Management primarily serves high net worth individuals and families with an average net worth of $5 million. They also serve institutional clients, such as corporations and foundations.
Fees & Compensation:
Gallagher Wealth Management charges a percentage of assets under management as their fee, which typically ranges from 0.75% to 1.25%. They may also charge additional fees for financial planning services, depending on the complexity and scope of the client’s financial situation. They do not receive any commissions or third-party payments for recommending specific investments to their clients.
Background:
Gallagher Wealth Management was founded in 2005 by John Gallagher, a financial advisor with over 35 years of experience in the industry. Since then, the firm has grown to become a leading provider of wealth management services, with a team of experienced and dedicated advisors.
Financial Advisor Disclosures to Know:
Gallagher Wealth Management is a registered investment advisor with the Securities and Exchange Commission (SEC). They have a clean record with no disciplinary actions or regulatory sanctions. Their advisors are all properly licensed and have a fiduciary duty to act in their clients’ best interests.