Pricing Information

Services

The programs described below do not represent formal quotes or contractual agreements.  They are examples of the services we provide and their costs.

Comprehensive Financial Planning 

When you engage us to create a comprehensive financial plan, you agree to partner with us so that together we can discover your goals and create a road map to reaching them.  We model all aspects of your financial life, including cash management & budgeting (to reach specific goals), insurance, investments (advice and/or portfolio management), education funding, (if required), tax analysis, retirement analysis and estate planning.  All the pieces of the financial being that is you need to work together optimally.  We create different scenarios or “what if” situations so that you can create choices that will enable you enjoy your dreams.

Average plan fees are usually from $2,600 – $5,000, but will vary by circumstance and the complexity of your situation.  Our hourly rate is $225 per hour.

Modular Financial Planning

When there is a desire to analyze one or just some of the elements of a comprehensive plan, we offer modular planning.  Common modular plans include:

Asset allocation and Investment Analysis – You are comfortable managing your own investments, but you seek advice about how to diversify your investment dollars; you would like specific investment recommendations with expectations of solid long term returns; perhaps you have a 401(k) and are unsure how to get started; or you need help determining just how much risk (market volatility) you really can put up with

Retirement Planning – Unlike a comprehensive plan, a retirement plan examines just cash management & budgeting along with your investment’s rate of return.  We use this information to identify the cash flows necessary to support you in the lifestyle you desire.

Real Estate Planning – More and more people are turning to rental real estate as a source of income and wealth creation.  A real estate plan evaluates all the relevant variables:  Mortgage data; vacancy rates; maintenance costs; capital improvements; depreciation; property management costs; insurance; property taxes as well as the opportunity costs created by tying up money in a non-liquid asset.

Average plan fees are usually from $1,500 – $3,000, but will vary by circumstance and the complexity of your situation.  Our hourly rate is $225 per hour.

Project Specific Planning –

Perhaps you need help determining how much insurance to purchase and what type to buy.  Maybe you need help choosing and funding a 529 plan for your children’s college expenses.  Or perhaps you want help planning the best way to pass assets on to your heirs.  These are all examples of planning to address a specific, limited need.

Plans are based on our hourly rate of $225 per hour.

Asset Management

Through our custodian, TD Ameritrade, we will manage your assets according to the following schedule:

$0 to $100,000                          1.375%

$100,001 to $250,000              1.25%

$250,001 to $900,000              1.0%

$900,001 to $1,750,000           0.875%

$1,750,001 to $3,000,000        0.75%

$3,000,000 and above               0.70%

Note that unlike most advisors who manage assets, once you reach a certain asset threshold, we charge that percentage on all your assets not just those in the highest tier attained.  For example, if you have $1,000,000 under our management, you would pay 0.875%, for a total of $8,750 per year.  Traditionally, investors would pay 1.35% on the first $100,000, 1.25% on the next $150,000, 1% the next $650,000 and 0.875% on the last $100,000 for a total of $10,625 per year.

Note also that once you reach a particular asset threshold, you maintain that fee percentage even if market conditions temporarily lower your overall asset value.  Removal of assets could however, result in higher management fees if total assets fall to a lower threshold.