We offer a variety of financial planning options, from one-time planning sessions to ongoing investment consultations and financial advice. Here are some of our services and the typical costs. Our fees depend upon the complexity of your circumstance and may be higher or lower than these examples.
Customized engagements are offered for those with unique or complex situations.
Before you hire us, we will always provide you with a written quote for the full cost of the engagement.
Current fees for financial planning services are based on an hourly rate of $300.
Real-Time Financial Planning: Some time people just want a financial check-up to confirm they are on the right track. This affordable 90 minute to two-hour real-time advice session does precisely that! We cover as much as we can about your financial situation during the meeting and send you a summary of recommendations after the session. A typical fee may range from $750 to $900.
The real-time financial planning session is most appropriate for clients in their 20s and 30s and those with simple financial situations. This is not a comprehensive financial plan. We can, however provide tremendous value during this session.
*Note: Detailed investment advice and specific portfolio recommendations may require more behind-the-scenes work than the standard financial check-up session allows.
Portfolio Review: Advice for self-directed investors or second opinions on managed accounts. Cost - Typical fee ranges from $1,500 to $2,400 for the initial review and recommendations. We look at ALL of your accounts and determine the best strategy for your overall portfolio based on your risk tolerance, diversification, taxation, and expenses. We provide an analysis for you to implement on your own through a discount broker of your choice. We can also recommend a Turn Key Asset Management Program (TAMP) to assist you.
*Note: Complex investment portfolios with numerous unique holdings, annuities, and proprietary investments may require more work than a typical fee range may allow.
Retirement Plan: A detailed financial planning process is looking at your short-term and long-term objectives to determine when retirement is an option. Typical fees range from $2,700 to $4,800.
Broad-based Financial Plan: A Broad-based financial plan consists of a detailed written analysis of your financial situation. Cost – fees typically range from $3,600 to $7,200. We consider it the best way to protect against unforeseen financial consequences and reach your financial goals.
On-Going Advice - Subscription or Retainer option: Clients who prefer an extended commitment for their financial planning and investment consultation services may prefer to engage us on a retainer fee basis. This fee may be paid in monthly or quarterly installments, in advance. The rate takes into consideration factors such as the complexity and amount of time dedicated to the engagement, your financial profile, other support services required (i.e., paraplanners and administrative staff), etc. The fee typically ranges from $1,200 to $6,000 per year.