As of December 31, 2010 Fairway Wealth Management was engaged by approximately 100 clients with aggregate assets under management of $624,700,000. Prospective clients often ask us how their own situation compares with our areas of expertise and our client base. The following is key information in that regard.
Portfolio Value:
Under $2 million – 28% of clients with aggregate assets of $55 million
Between $2 million and $10 million – 54% of clients with aggregate assets of $240 million
Over $10 million – 18% of clients with aggregate assets of $330 million
State of Residence:
Ohio – 63%
Florida – 18%
Other – 19%
Age:
Under 50 – 18%
Between 50 and 70 – 60%
Over 70 – 22%
Occupation:
Retired or Semi-Retired – 36%
Business Owner – 24%
Corporate Executive – 26%
Professional – 14%
Entity Type:
Individual or Family – 82%
Trust or Foundation – 9%
Corporation or Retirement Plan – 9%