Broad-Based Financial Planning
From simple cash flow planning to complex estate planning, we can provide a personalized financial plan to help meet your goals. We can educate you on the types of products available and guide you to a set of products specific to your situation and your risk tolerance level. We do not receive commissions from product sales.
On a fee-only basis we can provide you with a broad-based personal financial plan which includes the following modules:
- Cash Flow Analysis
- Education Planning
- Risk Management Analysis
- Investment Strategy and Planning
- Retirement Planning
- Tax and Estate Planning*
Average cost for a broad-based financial plan is about $1,200. However, cost can be higher for complex situations or extensive portfolio analysis.
*Note: We assist with the financial planning aspects; you’ll still work with your chosen CPA or EP Attorney.
Limited-Scope Financial Planning
When broad-based planning is not required or not in your budget, we can break out the required service modules from above and perform a limited-scope financial plan. We can then phase-in the other modules as required over time. Three examples are given:
- Basic Plan
- Retirement Plan
- Investment Strategy and Portfolio Design
If a complete plan is too expensive to complete as a first step, we can work with you to define a more streamlined plan that best meets your objectives and budget. Average cost is $600 and includes Cash Flow and Risk Management analysis.
Retirement planning can be carved out as a limited-scope financial plan just focusing on retirement. Included is employer plan analysis, income planning, Social Security claiming strategy analysis, investment projections, and evaluation of investment pool duration vs longevity. We help you determine if you will outlive your money. Average cost is $900.
Affordable investment advice is available as a limited-scope financial planning service. We will design you a portfolio based on your goals and risk tolerance levels. We can also educate you on how to set up your own accounts for those do-it-yourselfers.
You will receive an investment plan designed for your unique goals, risk tolerance level and financial situation, including specific investment recommendations. Average cost is $800.
Investment Management Services
On-going evaluations and periodic adjustments are critical to your long-term success. As your goals and needs change, we can help you make the proper adjustments to your investment portfolio. With an ‘Assets Under Management’ or AUM service, we can provide the management of your investment funds. Funds are held by custodian TD Ameritrade.
- Periodic Review of Portfolio Performance
- Recommended Action Plans
- Periodic Rebalancing as Required
AUM fee ranges from .2 to 1%, depending on amount of assets managed.
Special Projects and Workshops
Special Projects can consist of most types of personal finance analysis that is not covered in the above bundled service offerings. Some examples include:
- Custom-designed limited-scope engagements
- “Ad-hoc” or “specific purpose” financial analysis
- Educational Seminars and Workshops
- Small Group Meetings
Consider our workshop services for your next company, church or community service meeting. We can tailor a custom set of topics to meet your needs.
Special projects can be priced at either hourly ($180/hr), as a fixed price project, or retainer model pricing, whichever pricing model is best suited for the client.