In the free strategy session, whether by phone, in person, or virtually, we'll discuss your current financial situation, short-term and long-term financial goals, determine if you're already on the right track or if we may be able to assist. From there we'll jump right in and begin setting up your website and organizing your financial life.
We'll begin with showing you your current net worth and establishing your monthly budget. We'll then review all of your current investments, available savings and loans. Once we understand your total financial picture we'll work together to create your short-term and long-term savings and investment plans. Every week thereafter you'll receive a financial summary that tracks your net worth, monthly spending, and investment performance to make sure you stay on track.
As a value added service to all of our clients, if a friend or family member has a question about their personal finances, we provide what we call our VIP+ Process: A free strategy session where we discuss their concerns, offer our objective feedback - PLUS, we include a complimentary net worth analysis. It's a service that clients and their loved ones find to be an invaluable benefit.
Fees are 1% of Assets Under Management (AUM), as well as an Initial Planning Fee starting at just $300 for our Base Plan. We use the value of the account(s) as of the last business day of the billing period for purposes of determining the market value of the assets upon which the advisory fee is based. There is a minimum fee starting at $60 per month in addition to the one-time Initial Planning Fee. We offer three different pricing plans to accommodate accounts of all sizes.
Example: Investment Account Value = $120,000 x 1% = $1,200 / 12 Months = $100 Per Month
We also offer investment advice and financial planning services under stand-alone engagements for an hourly or agreed upon fixed fee. These fees are $150 on an hourly basis, or an agreed upon fixed fee based on the estimated scope of work and complexity of the services requested. There is no Initial Planning Fee for limited engagement services. This is a great option if you just have a couple questions and would like some clarity and perspective.