Service Models & Fees
We offer four service models: a One-Time Financial Plan, Ongoing Financial Planning, Investment Management and Ongoing Financial Planning +Investment Management. Your fee will depend upon the one you choose.
The fee for a One-Time Financial Plan starts at $4,000. It is payable in two equal installments: the first upon signing the financial planning agreement, and the second is due the earlier of the date of the plan presentation or 90 days after signing the financial planning agreement. The process usually takes 2-3 months, and the fee includes a 30-day implementation period during which you will have unlimited access to your CFP® as you execute the plan.
The fees for Ongoing Financial Planning consist of an onboarding and monthly fee. The onboarding fee starts at $1,500, and the monthly fee starts at $350/month. The monthly fee will start on the first day of the second month following the signing of the financial planning agreement. Ongoing Financial Planning will be offered Investment Management services at 50% off the AUM schedule noted below as long as they remain Ongoing Financial Planning clients.
The fees for Investment Management are calculated using the predefined levels of assets managed as shown in the chart below and applying the blended fee to the account value as of the last day of the previous quarter. For this offering, a minimum of $500,000 is required.
| Account Value | Annual Advisory Fee |
|---|---|
| $0 - $1,000,000 | 1.00% |
| $1,000,001 - $3,000,000 | 0.70% |
| $3,000,001 - $5,000,000 | 0.50% |
| $5,000,001+ | 0.25% |
The fees for Ongoing Financial Planning + Investment Management for those households with over $1 Million in assets managed are calculated using the predefined levels of assets as shown in the chart above and applying the blended fee to the account value as of the last day of the previous quarter. For households below $1 Million, Investment Management can be added to Comprehensive Financial Planning. In this instance, Investment Management services will be discounted by 50% as long as they remain Comprehensive Financial Planning clients. Once the client reaches $1 Million in assets managed, they will automatically convert to a percentage of assets managed fee based model.