Financial Plan

This is where we start with each client. The plan gives us a “big picture” view of each client’s financial situation and goals. Once we see the big picture we can then make specific strategy recommendations. Financial decisions shouldn’t be made without knowing the impact they will have on the overall financial plan.

We believe financial plans should be updated and reviewed at least semi-annually. Without being up-to-date concerning a client’s full financial circumstances, an advisor is not qualified to make appropriate recommendations. We meet with our clients every six months to conduct a comprehensive review of their plans. The fee for developing a comprehensive financial plan is based on the client’s net worth, however, it may be discounted as determined by each advisor.

Financial plan development fees range from $750 to $5,000 based upon a client’s net worth:

Net Worth Fee
$0 to $500,000 $750
$500,000 to $1,000,000 $1,000
$1,000,001 to $2,000,000 $1,500
$2,000,001 to $5,000,000 $2,000
Over $5,000,000 By quote

Note: We track our hours when developing plans for our clients. If our hourly fee is less than what is quoted above we will charge the lesser of the two fees.