We have three types of fees.
Below is a very basic outline of our fees.
- Our hourly planning rate is $250 per hour.
- A holistic financial plan typically takes about twelve hours to complete. That would make the cost for a complete financial plan $3,000. Before any work begins, you have the opportunity to accept a proposal with an estimated cost.
- The nature of a project determines cost
- Investment management fees as described below.
We do not charge or receive investment commissions.
Here is an example of how fees are assessed on a $3,000,000 account.
The first $250,000 @ 1% = $2,500
The next $750,000 @ 0.90% = $6,750
The next $2,000,000 @ 0.80% = $16,000
The net fee on $3,000,000 would be 0.84%
From time to time, our firm may recommend using an outside investment adviser. Accordingly, those investment advisers will have their own separate fees for which the client will be responsible.
We provide each client with a company brochure and outline of our fee structure. Additionally, our brochure is available to anyone upon request.
If you’d like to learn more, schedule a conversation below. We can discuss your questions and see if a get-to-know-each-other meeting would be appropriate.