Backup-Compensation

Compensation for Advisory Services

We believe it is important to be paid for what we do and not for what we sell. We are mainly compensated through the assets we manage or by set financial planning fees. We are opposed to commissionable products unless the product is the best solution for your needs.

Planning is crucial to your investment strategy and is a necessary part of our investment advisory services. Depending on the amount of assets we manage for you we will reduce or waive our financial planning fees. The cost of planning will be known upfront, and we will all agree upon the scope and cost of the engagement before any work is done. If we discover there is greater complexity than originally discussed, then we will address the additional cost immediately.

Basic Financial Plan (Bronze Level): Free if we manage $100,000 or more of your investment assets in an advisory account. Without an advisory account, plans cost around $800 to $1,500 and $450 or more for each additional session, beyond the creation of the plan.

Comprehensive Financial Plan (Silver Level): Free if we manage $500,000 or more of your investable accounts in an advisory account. Without an advisory account, plans cost around $3,000 to $10,000 for the plan and $250 for each additional session, beyond the creation of the plan.

Specialized In-depth Complex Financial Plan (Gold Level): Free if we manage one million dollars or more of your investment assets in an advisory account. Without an advisory account, plans cost around $10,000 to $30,000 for the plan and $250 or more for each additional session, beyond the creation of the plan.

Focused Needs: Without an advisory account with us, your cost will be $450 to gather all the financial information and personal preferences needed to make a focus recommendation. Then, going forward there will be an additional $250+ per session which normally runs around one hour. This pricing is for focused needs: cash flow, debt reduction, investment risk analysis, Social Security, Roth conversion, basic college entry or retirement planning, etc.