High-Earning Individuals Are Ditching Traditional Wealth Managers In Favor of an All-in-One AI-Powered Platform That Charges $0 AUM Fees
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The way high-earning individuals, those with a Household Income of $250,000 or more, make their money has changed drastically over the past few years. How they manage that money, on the other hand, has largely remained stuck in the past—and it’s costing them thousands of dollars in unnecessary fees.
Additionally, most wealth advisors only specialize in one area, meaning people with diverse portfolios have to work with several investment advisors, tax preparers, estate planners, and other professionals to effectively manage all of their assets.
Range represents a fundamental shift in how wealth management services are delivered by consolidating everything into a single, unified platform designed specifically for high-earning professionals.
The AI-powered platform centralizes investments, taxes, estate plans, and more in one account. It uses advanced AI technology to deliver personalized financial guidance at fees 75-90% lower than traditional advisors, making expert wealth management more accessible.
Today, Range serves nearly 2,000 clients managing over $6 billion in assets.
Range also operates on a flat-fee pricing model, so you won’t pay more as your net worth continues to grow.
An All-in-One Approach to Wealth Management
Currently in beta, Range’s proprietary AI engine is capable of delivering financial insights and guidance in seconds, potentially allowing you to capitalize on opportunities and avoid any potential pitfalls — for example, if you should buy an investment property or if you can retire early based on your complete financial picture.
Here’s just a few ways their approach can help high-earning individuals:
- Comprehensive Service Integration: Range handles investment management, retirement planning, estate planning, tax preparation and filing, and real estate strategy through one platform. This integration means every financial decision is made with your complete picture in mind.
- Advanced Technology With Human Expertise: The platform combines AI-powered analytics with access to Certified Financial Planners, Certified Public Accountants, and Financial Advisors. Technology handles data analysis and initial planning scenarios, while human experts provide strategic oversight for complex decisions.
- Zero AUM Fees: Range operates on a transparent flat-fee model with 0% AUM fees for advisory services. This can potentially save clients thousands annually compared to traditional fee structures.
A typical AUM fee can range from 0.25-2%, which may not seem like a lot until you take into account that it compounds as a professional’s net worth continues to grow. In other words, a 1% AUM fee on a $500,000 portfolio will cost you $5,000 annually, but once your total assets hit $2 million that fee becomes $20,000 annually.
Even with Range’s most expensive plan, a person in that situation would save more than $10,000 in fees.
Control Your Financial Future
Range offers three plan types:
Range Premium: Comprehensive wealth management for you and your partner, 4% APY on cash savings, unlimited access to advisors, and a full suite of self-service tools. $2,655 when billed annually.
Range Platinum: Everything included in Range Premium, plus tax filing, direct indexing, strategic tax planning and projections, allocation planning for alternative investments, equity compensation planning, and real estate advice for up to three residential properties. $5,355 when billed annually.
Range Titanium: Everything included in Range Platinum, plus unlimited K-1 processing, equity compensation planning for 4+ ISO grants, real estate support, and international tax planning. $8,955 when billed annually.
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