Managed WordPress without the upsell
Managed WordPress is one of the most marked up words in this business. In a lot of cases it means the same servers as the cheap plan, with a higher number on the invoice and a longer feature list you will never use.
Real management is quieter than that. It is updates that do not break the site, backups you can actually restore, and a person who knows the stack when something goes wrong at the wrong time.
This is what the job actually involves, what it honestly costs to do well, and how to tell the difference before you pay for it.