We offer 3 pricing structures depending on your needs – Ongoing financial planning with investment management, a financial planning engagement, or hourly planning advice. Contact us to determine which may be best for you.
Financial Planning & Asset Management
“The essence of investment management is the management of risks, not the management of returns” – Benjamin Graham
Most clients decide to engage us in portfolio management as well as ongoing, comprehensive financial planning. Fees for this combined service are billed on a sliding scale as follows.
This service is available for households who place $300,000 or more under management.
Financial Planning & Asset Management is also available to active savers under the age of 45 with at least $150,000 to be managed. In this case there will be an additional one-time planning fee which is discounted in proportion to the asset level.
Please refer to our Investment Management page for more information on how we invest.
Comprehensive Financial Planning
A planning engagement is meant to be comprehensive in nature and covers the following areas.
- Personal net worth statement and organization of current financials
- Retirement planning
- Major goals before retirement
- Insurance review and planning (personal and employee benefits)
- Income tax planning
- Estate planning (wills/trusts)
- Philanthropic planning
- Investment review and planning (includes closely held businesses and investment real estate)
See our Planning page for more information about what you should expect from financial planning.
Fees vary depending on plan complexity. Most fall between $2,500 – $5,000.
If during or upon completion of the engagement you decide to continue working with us by placing assets under management, the planning fee will be discounted or waived entirely. The discount is based on the plan fee and amount of assets to be managed.
Hourly billing is usually the best value if you only have 1 or 2 topics you’d like to discuss. Typical examples include.
- What’s the best way to pay down my debt?
- I just (got my first job/got married/started a family/got divorced). What should I be thinking about?
- My employer is offering an early retirement buyout. Should I take it?
- When should we begin taking Social Security?
- What’s the best way to save for my child or grandchild’s education?
- Do we have too little life insurance? Too much?
- What is a trust? Do I need one?
- What can we do to reduce taxes?
- My pension offers me a choice. Should I take the lump sum or monthly payments?
- Are our investments performing the way they should be?
Fees are $180 per hour with a 1 hour minimum.
We are licensed to sell certain insurance products. If we recommend a product where we would be compensated from the sale, we will tell you about it in advance. And, on an annual basis, insurance commissions make up a very small portion of our revenues.