Personal financial management involves ongoing financial guidance on substantially all aspects of your personal finance, a "full service" offering. Fee for this service is priced as a percentage on the value of your investment accounts under our management on a tiered schedule. The rate generally starts at 1.25% per year for the first $500,000 and incrementally goes down to 0.50% for value above $5 million.
You want ongoing financial planning and guidance on substantially all aspects of your personal finance.
You want us to manage your investments on an ongoing basis.
Generally between 0.50% and 1.25% per year on the value of investment assets we manage.
We provide financial planning and business exit planning services (and implementation of such plans) without investment management. These services are usually on a fixed fee and based on the scope and complexity of each project. A typical financial planning engagement is priced between $3,000 and $7,000. Business exit planning is typically priced at $1,500 to $2,500 per month. Some projects are billed at $300 an hour.
You want one-time or ongoing financial planning and guidance on substantially all aspects of your personal finance.
You have limited or no investment assets or you want to manage it yourself.
Fixed fee based on the scope and complexity of each project, or a $300 hourly rate.
Insurance services are provided by our advisors who are also licensed to sell life, disability and long-term care insurance, and annuities. It generally involves analyzing risks, evaluating the types and amounts of insurance you and/or your business need, conducting carrier due diligence, and placing a policy. We receive commissions from insurance companies when policies are placed. (Receiving commissions creates a conflict of interest.)
You want objective guidance on the types and amounts of insurance to protect your family, your business and your key employees.
You want to work with insurance professionals who represent many top insurance carriers.
Commissions from insurance companies when policies are placed.