Visionary Wealth Advisors, LLC (VWA) is a financial advisor firm based in St. Louis. It has billions in assets under management (AUM). The firm offers services such as financial planning and portfolio management.
Visionary Wealth Advisors Background
Visionary Wealth Advisors, LLC started conducting investment advisory services in 2014. The firm is principally owned by its president, Timothy Hammett, and CEO Brett Gilliland.
Visionary Wealth Advisors Client Types and Minimum Account Sizes
The firm provides investment advice the following types of clients:
- Individuals
- High-net-worth individuals
- Trusts
- Estates
- Charitable institutions
- Corporations and business entities
The firm may also provide investment advisory services to clients of other advisors, based on the contractual relationships they have with those advisors.
The firm has no set minimum account size.
Services Offered by Visionary Wealth Advisors
Visionary Wealth Advisors offers a variety of advisory services, including financial planning, consulting and investment management. Before clients receive any services from the firm, they are required to enter into one or more written agreements that set forth the relevant terms and conditions.
With regards to investment management services, VWA advisors manage investment portfolios on a discretionary or non-discretionary basis. The firm mostly allocates client assets across various mutual funds, ETF's, individual equities, cash equivalents and model portfolios designed or managed by independent investment managers. This is done according to the investment objectives and goals that the client states.
The firm customizes its advisory services to meet the specific needs of each individual client and makes sure that portfolios are managed and monitored consistently so that they can reach the intended objectives.
Clients additionally have the option of utilizing model-based investing programs through separately managed accounts. These are called Model Portfolios and are designed by VWA's own research department or a third-party portfolio strategist.
Model Portfolios are offered across a variety of strategies: conservative, moderate conservative, balanced, moderate aggressive and aggressive. The firm also offers Model Accounts, which differ from model portfolios in that they allocate investments to focus on a single or limited number of asset classes.
VWA additionally offers investment management services as the sponsor and manager of the Visionary Wealth Management Program, a wrap fee program. This program offers clients the ability to trade in certain investment products without having to pay separate brokerage commissions or transaction charges. This program also allows for the selection of a Model Portfolio.
With regards to financial planning and consulting services, Visionary Wealth Advisors may offer any or all of the following:
- Business planning
- Cash flow forecasting
- Trust and estate planning
- Financial reporting
- Investment consulting
- Insurance planning
- Retirement planning
- Risk management
- Charitable giving
- Distribution planning
- Tax planning
- Manager due diligence
In these cases, clients have full discretion over all decisions about whether or not to implement the plan that the firm provides. Clients are under no obligation to act upon any of the recommendations that VWA makes.
Visionary Wealth Advisors Investing Philosophy
Visionary Wealth Advisors uses a combination of fundamental, technical and cyclical methods of analysis. Alongside this, it employs an asset allocation strategy based on a derivative of modern portfolio theory (MPT).
With fundamental analysis, which involves looking closely at particular metrics of a stock to assess whether its value is realistic, the firm evaluates the fundamental financial condition and competitive position of a particular fund, issuer or company. It analyzes information about the management team, investment strategies, past performance, reputation and financial strength in relation to the asset allocations.
The firm's technical analysis involves examining historical market data as opposed to the specific information mentioned above, often relying on mathematical indicators and charts to identify market patterns and trends. Cyclical analysis involves looking at the relationship between market cycles and prices to forecast future price movement.
Cyclical analysis involves looking at the relationship between market cycles and prices to forecast future price movement. And MPT focuses on how to maximize returns for a given amount of risk.
Of course, all potential and current clients must keep in mind that no investment strategy guarantees against risk or loss.
Fees Under Visionary Wealth Advisors
The fees that the firm charges clients may include fixed fees as well as fees based upon AUM.
For investment management services, Visionary Wealth Advisors charges an annual fee based on AUM. This fee generally ranges up to 1.25%, depending on the size of the portfolio. The yearly fee is prorated and charged quarterly in advance. The firm has the discretion to negotiate a lesser fee based on specific criteria.
The fee schedule is as follows:
| Assets Under Management | Maximum Annual Rate |
| $0 - $250,000 | 1.25% |
| $250,001 - $500,000 | 1.20% |
| $500,001 - $750,000 | 1.15% |
| $750,001 - $1,000,000 | 1.05% |
| $1,000,001 - $5,000,000 | 1.00% |
| $5,000,000 and more | Negotiable |
Here is the estimated dollar amount you'd pay in advisory fees based on the size of your account:
| *Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount. | |
| Estimated Investment Management Fees at Visionary Wealth Advisors* | |
| Your Assets | Annual Fee Amount Charged on All AUM |
| $250,000 | $3,125 |
| $500,000 | $6,000 |
| $750,000 | $8,625 |
| $1MM | $10,500 |
| $5MM | Negotiable |
If the client opts for a Model Portfolio or Model Account, the firm charges the amount of the independent manager's fee in addition to the fees noted above. Independent managers' fees may vary, but currently range from 0.20%-1.50%.
For financial planning and consulting, Visionary Wealth Advisors may charge a fixed project-based fee. These fees are negotiable but range usually from $500 to $15,000 depending on scope and complexity of services.
For the wrap fee program, clients pay a single yearly fee based on AUM this fee generally ranges up to 1.33%. The fee schedule is as follows:
| Assets Under Management | Maximum Annual Rate |
| $0 - $250,000 | 1.33% |
| $250,001 - $500,000 | 1.28% |
| $500,001 - $750,000 | 1.23% |
| $750,001 - $1,000,000 | 1.13% |
| $1,000,001 - $5,000,000 | 1.00% |
| $5,000,000 and more | Negotiable |
Here is the estimated dollar amount you'd pay in wrap-fee program fees based on the size of your account:
| *Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount. | |
| Estimated Wrap Fee Program Fees at Visionary Wealth Advisors* | |
| Your Assets | Annual Fee Amount Charged on All AUM |
| $250,000 | $3,325 |
| $500,000 | $6,400 |
| $750,000 | $9,925 |
| $1MM | $10,000 |
| $5MM | Negotiable |
Fees and expenses may vary and additional fees may apply, so be sure to read agreements carefully and contact the firm if you have questions.
Learn more about advisors' typical costs here.
What to Watch Out For
Within the past 10 years, Visionary Wealth Advisors has not undergone any disciplinary or legal action deemed material to a client’s evaluation of its business integrity. You can view its latest Form ADV on the official website of the Securities & Exchange Commission (SEC). As an SEC-registered investment advisor, the firm is legally obligated to uphold its fiduciary duty and work in clients’ best interests at all times.
Opening an Account With Visionary Wealth Advisors
To open an account with Visionary Financial Advisors, you can visit the firm's website or call (314) 764-2727.
All information is accurate as of the writing of this article.
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