As fee-only financial advisors, we are compensated solely from fees paid by our clients and do not accept commissions or compensation from other sources. This fee-only method of compensation provides us with the independence to select the best solutions for our clients.
Investment Management – Annual Fee
The annual fee for investment management is based on the assets we manage. The fee includes both ongoing investment management and financial planning. Services include the selection and ongoing management of investments, preparation of a financial plan, annual meetings to review investments and financial plans, reporting of investment holdings and performance, year-end tax reporting for taxable (non-qualified) investment accounts and ongoing education on a variety of investment and financial topics. As needed, we also provide coordination between tax preparers, estate planning attorneys and insurance providers.
Our fee structure is as follows:
|Portfolio in US Dollars
|$0 – $1,000,000||1.00%|
|$1,000,001 – $3,000,000||0.75%|
|$3,000,001 – $5,000,000||0.60%|
|$5,000,001 – $10,000,000||0.50%|
The minimum fee for this service is $10,000 ($1M under management). The fee is billed quarterly in arrears. Most of our clients prefer to have their fee deducted directly from their investment accounts. Additional fees may apply to clients needing services beyond those described here; however, these additional fees are not common and are always approved by the client in advance.
We offer a complimentary one hour informational meeting about our firm, our services, and our investment philosophy and to learn more about you and your financial needs. In looking for a financial advisor, we recommend potential clients consider the following issues:
- What is the philosophy of the advisor with regard to investments and the financial planning process?
- What are the credentials and experience of the advisor and their team members?
- What does a typical financial plan and investment portfolio look like?
- What responsibilities do you have as our client?