Fee-Only Financial Planning Services
Basic Hourly Financial Planning
Typical age group: any
In some cases, your planning requirements may not fit into our defined categories. If this is your situation, we can customize a plan for your needs. For example, some young families may want to pursue broad-based financial planning, but in small chunks at a time to spread out the costs. We can do that!
The same applies for retirement planning. If you would like to tackle your retirement plan in smaller chunks, we will work with you to determine what is your most pressing need and customize a planning approach for you. Hourly financial planning services can also be used for:
- Yearly plan updates
- Second opinion – for clients with existing plans or investments held elsewhere
- Investment/Portfolio Design for do-it-yourself clients
- Other custom-designed limited-scope engagements
Fee-only Retirement Planning
Typical age group: 55+
Retirement planning is very different as you approach or at your retirement age. This service offering focuses on the de-accumulation of wealth with an emphasis on tax-efficient withdrawal strategies and our “Bucket Strategy.”
See Retirement Planning for much more information.
Small Business Consulting
Highly customizable consulting service to help small business owners with retirement planning for themselves and company retirement plans for employees. Read more at Small Business Retirement Plan Consulting
Broad-Based Financial Planning
Typical age group: pre-55
If you are early to mid-career, a broad-based financial plan may be a good fit for you. It all starts with where you’re at currently and where you want to be in the future. We create a “Financial GPS” to guide you along the path to meet your goals.
In a broad-based financial plan, we emphasize goal setting, saving, insurance protection, investing, college planning, retirement accumulation projections, and estate planning for this age group. For most clients, the fee-only one-time financial plan is the most cost-effective approach to understand your current situation and have a written plan to meet your goals. We advise you on the types of financial products available and guide you to a set of low-cost products specific to your situation and your risk tolerance level. A broad-based plan is priced as a one-time project.
Our written broad-based personal financial plan includes the following components:
- Cash Flow Analysis
- Goal Planning
- Education Planning, if necessary
- Risk Management Analysis (Insurance)
- Investment Strategy and Portfolio Design
- Retirement Projections
- A review of your estate planning documents
As you progress on your financial journey, there may be bumps in the road as life happens. We can help you throughout the journey with our On-going Financial Planning offering by providing you with professional advice on important financial decisions and adjusting your financial plan as necessary. On-going Financial Plans are billed quarterly.
If you are not ready or don’t need a full financial plan, we can then use our Basic Hourly service to customize a specific analysis for you.
Let’s Engineer a PLAN Together!
Different Pricing Plans to Meet Your Needs
We not only have several types of fee-only financial planning services that cover a wide spectrum of client needs, but we also have a variety of ways to pay for the service.
Personalized Hourly Planning
If you have a few questions you want answered or you have a small project requiring financial analysis, you may not need a broad-based financial plan. We can provide you an hourly service to meet your needs. Examples include:
- Social Security optimization
- Pension lump sum vs annuity analysis
- Updates to your Initial Plan
Develop Initial Financial Plan
We provide a professionally written financial Plan designed around you and your goals. Price will depend on the complexity of the situation. This service is ideal for:
- You have a financial advisor but want a second opinion
- You are a do-it-yourselfer and want professional advice
- Early-Mid career with many financial decisions
- Retirement Planning (post 55+)
On-Going Financial Planning
Many circumstances require on-going assistance. We will help you implement your Plan with an agreed-to monthly service that meets your needs. As your coach, we can execute and monitor your Plan, and better prepare you to meet your goals.
Learn more about our On-Going Financial Planning services.
Investment Management
We provide a very competitive percentage of Assets Under Management (AUM) service. AUM % ranges from .65% down to .45%, depending on asset size. Initial Plan and On-Going Planning required prior to us managing assets.
Learn more about our 7Twelve ® Portfolios and Investment Management Services.
All personal financial consulting services are conducted on an hourly or a project fee-only basis by a fiduciary personal finance professional. All our fees are paid for by the client. We do not accept any commissions or referral fees from any 3rd party – providing you with consultative advice without product bias. Read more about our vision at About Us
Client Deliverable
The final documentation will be provided in a high-quality binder that can be used for years to come. In addition to your financial plan, you can store other pertinent financial and legal documents so that you have everything in one place and stored in the privacy of your home.
Additionally, an electronic version will also be delivered to you via your secure Egnyte electronic file folder. All your documents may remain there for your convenient future access.
If you would like to see a sample plan or see the power of our financial planning software, Contact Us for a screen sharing meeting.
