How Konza Global Wealth Group Is Paid
Understanding how an advisor is compensated is part of understanding the advisory relationship.
Depending on the services provided, Konza Global Wealth Group may receive asset-based advisory fees, fixed financial planning fees or compensation through other advisory arrangements described in the firm’s regulatory disclosures.
How Is Konza Global Wealth Group Compensated?
The fee structure may vary based on the services provided and the scope of the advisory relationship.
Understanding those differences can help clients evaluate the relationship in context, including what services are being provided, how fees are calculated and what potential conflicts should be understood.
Asset-Based Advisory Fees
For certain portfolio management relationships, advisory fees are based on the amount of assets managed.
Because the fee generally increases as assets under management increase, clients should understand how that structure may affect the incentives within the advisory relationship.
Fixed Financial Planning Fees
Some financial planning engagements may use a fixed fee based on the amount of work expected to be performed.
The scope and complexity of the engagement can affect the fee. Material changes in the work required may also affect the amount quoted.
Other Advisory Arrangements
Certain engagements may involve pension consulting or the selection of a third-party adviser.
The applicable fee structure, responsibilities and related costs should be reviewed within the specific advisory relationship before services begin.
What Other Costs Might Apply?
An advisory fee may not represent every cost associated with an investment account or investment solution.
Depending on the investments and account structure, clients may also incur:
Product-level expenses
Custodian fees
Transaction fees
Fees associated with certain third-party arrangements
These costs can affect investment results over time and should be considered as part of the broader financial picture.
What Fee-Related Conflicts Should Clients Understand?
The way an investment adviser is compensated can create conflicts of interest.
For example, an asset-based fee generally increases as the amount of assets managed increases. This creates an incentive for the firm to increase the assets it manages. Fixed planning fees may also increase when an engagement requires additional work.
Understanding these incentives is part of evaluating an advisory relationship.
Konza Global Wealth Group provides additional information about fees and conflicts in its regulatory disclosures. For more context on the standards that apply when the firm provides investment advisory services, see what it means to work with a fiduciary financial advisor.
Where Can You Review the Details?
Important fee information should be reviewed before an advisory relationship begins.
Prospective clients can review Konza Global Wealth Group’s Form CRS for information about advisory services, fees, additional costs, conflicts of interest and the firm’s standard of conduct.
Additional registration and disclosure information is available through the SEC Investment Adviser Public Disclosure database.
The applicable advisory agreement and regulatory disclosures should be reviewed for details specific to an individual engagement.
What Do Clients Often Ask About Advisory Fees?
How does Konza Global Wealth Group get paid?
Depending on the advisory relationship, compensation may include asset-based advisory fees, fixed financial planning fees or fees associated with other advisory arrangements. The applicable fee structure depends on the services being provided.
Does an asset-based advisory fee create a conflict of interest?
An asset-based fee generally increases as the amount of assets managed increases. This creates an incentive for an adviser to increase assets under management. Clients should understand this conflict and how it is addressed within the advisory relationship.
Are there costs beyond the advisory fee?
There may be. Depending on the investment and account structure, clients may also pay product-level expenses, custodian fees, transaction fees or other applicable costs.
Where can I review Konza Global Wealth Group’s official fee disclosures?
Konza Global Wealth Group’s Form CRS provides a summary of services, fees, costs and conflicts. Additional information is available through the firm’s Form ADV materials and SEC Investment Adviser Public Disclosure record.
Questions About Fees or Your Advisory Relationship?
Understanding compensation is one part of evaluating whether an advisory relationship fits within your broader financial picture.
If you are considering working with Konza Global Wealth Group, a consultation provides an opportunity to discuss the services being considered, how the applicable fees work and what questions may be worth addressing before the relationship begins.