We will either recommend fees based on assets under management (AUM), an hourly rate, or a combination of both. All fees will be fully disclosed in advance and will be based specifically on your needs and the services we will provide. At times, we will propose a “hybrid” arrangement, which could include the AUM fee and an hourly fee, depending on the investable assets and the services requested (such as in- depth pension analysis or divorce consulting).

Our minimum fee on investable assets is typically 1.1% of your balance. The fee can range depending on the complexity of your situation, account size, and services requested. Minimum investments for AUM only fee is $1.5M. The fee will typically include a financial plan and a wide range of investment services. If assets are below that amount, then we charge a hybrid fee. For assets below $1.5M, we charge 1.2% for investment management and planning fees at $300 per hour (for support staff) and $450 per hour (for professionals). Typically, planning fees amounts to about $5,000 per plan, but can be higher. All fees are clearly explained in all of our proposals and are mutually agreed upon prior to you becoming a client.

As a planning client, our hourly rates give us the ability to help you with more complex planning matters (such as divorce support, college planning, stock option planning, and pension analysis), as well as with advanced tax and estate planning. We are also often called upon to work and meet with our clients’ other advisors (CPAs, attorneys, etc.) to provide analysis or discuss best options for a specific situation.

We accept financial planning only engagements on a very limited basis and the minimum retainer is $5,000. Beyond the initial plan, we bill hourly at the above rates if there are additional complexities. In special circumstances, a custom fee and service arrangement is created based on the client’s needs.

Additionally, we now accept credit cards and can charge subscription fees on a monthly basis for certain services.

What is a Financial Plan and Why Do I Need One?

Building a Financial Plan is like Creating a Roadmap and Everyone Should Have One

We believe that every client needs a plan. Your financial plan will serve as a map that will help you live life to the fullest with financial confidence. We follow a proven Six-Step Process, which helps us to create a financial plan that is specifically tailored to you and your goals.

Our initial discovery process is the most important step because it allows us to learn all about you. To make sure we understand your needs and goals, we ask that you complete our Wealth Match Organizer, as well as our Risk Tolerance Questionnaire, and then we hold an initial meeting. These questionnaires and our time together help us draw a more complete financial picture and give us insight into which paths may be best for you. After that, we perform additional research, ask follow up questions, and thoughtfully create the initial draft of your personalized plan.

Your plan could address such diverse topics as college planning, retirement funding and planning, creating a legacy, and debt reduction or retirement tax planning, just to name a few areas. We consider ourselves Retirement Income Tax Professionals, and work with all clients extensively in this area.

Once we confirm that your plan is aligned with your goals, we begin executing on the plan, which means very different things to everyone. That’s why, throughout our relationship, we focus on maintaining and monitoring that plan by having periodic check-ins and meetings with you throughout the year, which are critical to monitoring your progress and working toward your goals.

No matter what your situation or need, rest assured that we have the services and options to help you pursue your goals and take control of your future.

To find out more about the services we offer, please browse our website. If you have any questions, please email or call our office and we would be happy to discuss how we can handle your specific situation.

At times, we may recommend the purchase of insurance policies, annuities, and 529 Plans. In these instances, we are paid via commissions by insurance companies and investment sponsors, which we will disclose in advance.

Please keep in mind that all fees are subject to adjustment based on each client’s unique circumstances and goals.

Packages and benefits stated herein apply to new clients. Due to the ongoing nature of work for existing clients, they should call to discuss.