As a fee-only financial planning firm, we work in a niche of the finance industry. We are an independent firm whose entire focus is always on the client, and what is best for them.
As such, the only compensation we receive is directly from our clients. We do not receive commissions, referral fees, or third-party incentives of any kind, and our transparency means clients will always know the cost before they start the process. We determine your fee based off a transparent and upfront income and net worth calculation along with a cost-benefit analysis to determine if the services we provide will be of value to you. Our minimum fees are below:
|Financial Review||$600 ($100 reduction if referred by existing client)|
|Growth and Distribution Path||$5,000+|
The cost of the Financial Review is credited toward the Accumulation Path or Growth and Distribution Path if the client signs up for an Annual Agreement within ten calendar days after completing the Financial Review.
Let’s compare the above listed financial planning fees to other services and material items commonly purchased:
|Realtor||5-7% commission. Selling a $300,000 home may cost $15,000 to $21,000.|
|Family Law Attorney||Approximate retainer is $2,000-$3,000 with an hourly rate of $200-$300|
|Financial Advisor that charges an AUM||(Assets under Management fee) .5-2% of investment assets (may not include comprehensive planning advice)|
|Financial Advisor that charges by the hour||$150-$300/ hour|
|Average cost of preparing a tax return with a Schedule A||(itemized deductions) in 2013, the cost was $261|
|Cost of preparing joint simple wills and various other power of attorney and health directive documents||$800-$1,200. Adding a living trust could cost over $2,000|
|Daily Coffee from Starbucks||$4/day = $1,460 each year|
When working with a financial planner, a client is making an investment in their financial future. They should expect, and it is our goal, to provide them value that far exceeds our fee. We desire to be a financial guide as the client navigates their financial life through various challenges. How do you reach financial security? ONE STEP AT A TIME!