We offer several options including a flat fee for developing a comprehensive financial plan, subscription model pricing, hourly, a percentage of the assets that we manage on your behalf or provide oversight for held-away assets, or a combination of these. This can be done as a one-time project or as an ongoing engagement. There is no obligation for us to manage your investments. And there are no hidden sales charges. The fees are fully transparent and will be determined after our introductory meeting, of which there is no charge. We charge you on a quarterly basis.
Financial Planning Fees
Initial Engagement: How we charge to develop the initial comprehensive financial plan depends on the size, complexity, and nature of your personal and financial situation and the amount of time it will take to analyze and summarize the plan and perform the services you desire. Initial financial planning is offered at an hourly rate not to exceed $350 per hour with a maximum fixed fee not to exceed $7,800 for the initial engagement.
The comprehensive planning fee will be fully disclosed in a Financial Planning Agreement, which will include the cost to review your financial information and prepare the comprehensive financial plan. We require one-half of the fee at the time the Agreement is signed, with the remaining balance due upon presentation of the financial plan. Fees are paid directly via ACH bank transfer or credit card.
Ongoing Review, Monitoring, and Updates: Periodic meetings are held to review plan progress and investment performance to consider impact to goals. As life changes occur and goals evolve, including changes in family, career and economic circumstances, plans and strategies are adapted, as necessary.
When we are providing you Portfolio Management with assets above $1,500,000, the ongoing financial planning fees are included. For assets below $1,500,000, we will anticipate the number of hours per year and determine a flat fee that will be charged either through the accounts we manage, paid directly via ACH bank transfer, credit card, or a combination of these.
Targeted Planning: After we have completed the comprehensive financial planning, if you choose not to engage us in an ongoing relationship, but in the future desire targeted planning – review, analysis, and evaluation of a core area of financial need – the fee will be billed at our hourly rate not to exceed $350 per hour. All fees will be completely itemized in a billing statement to you, or as otherwise predetermined in a proposal or engagement letter.
For Targeted Financial Planning, we require a minimum of two hours consultation to address any financial needs that you may have.
Portfolio Management Fee
Portfolio management fee is calculated using the value of the assets in your investment accounts on the last business day of the prior billing period.
Total Accounts Value
Annual Fee Rate
The fees are generally negotiable, pro-rated and paid in arrears on a quarterly basis. The advisory fee is a blended fee and is calculated by assessing the percentage rates using the predefined levels of assets as shown in the above chart resulting in a combined weighted fee. For example, an account valued at $2,300,000 would pay an effective fee of 0.61%, which is calculated as follows:
Account Value: $2,300,000
Annual Fee % (per tier)
Tier Fee Contribution (based on account value within each tier)
Blended Annual Fee%
As a point of comparison, the industry average pricing for Portfolio Management is 1% of Assets Under Management (AUM).
If we are managing the assets, advisory fees will be deducted first from any money market funds or cash balances in your accounts. If such assets are insufficient to satisfy payment of such fees, a portion of the account assets will be liquidated to cover the fees. If the assets are held away, our fee will be paid via ACH bank transfer.
The maximum annual fee is $25,000. No increase in the annual fee shall be effective without agreement from you by signing a new Investment Advisory Agreement or amendment to your current agreement.
You may terminate your agreement without penalty for a full refund of our fees within five business days of signing. Thereafter, you may terminate the agreement generally with 14 days written notice.
Business Owner Consulting Fees
We will discuss the frequency and length of meetings necessary to support you and determine a fee based on our hourly rate of $350 per hour. Fixed business consulting fees are paid monthly / quarterly in advance via ACH bank transfer or credit card.
Money Coaching Fees
The fixed fee is $1250 for an individual and $1950 for a couple. Payment is required in full to begin the initial engagement via ACH bank transfer or credit card.