Comprehensive Financial Planning: The comprehensive financial plan will typically include all aspects of your financial life including retirement planning, education planning, planning for major purchases, life and disability insurance needs, long-term care needs, and estate planning issues. I will work with you to collect the pertinent data, interview you and your partner, and develop a comprehensive written financial plan. Detailed investment advice and specific recommendations may be offered as part of a financial plan. The fee for this type of service typically range from $950 to $2500 depending upon the complexity of a client’s financial situation.
Specific Financial Planning: Rather than a comprehensive review and plan for all aspects of your financial life, I am available to prepare a limited/focused scope to assist you with a specific personal financial goal, and supply analysis and recommendations as to the actions and strategies necessary to attain that goal. The specific financial plan may include such things as:
- personal budgeting
- cash flow analysis
- retirement planning
- education planning
- planning for major purchases
- life and disability insurance needs
- estate planning issues
Hourly Financial Consultation: I am also available to work with you on an hourly basis, typically at a rate of $95/hour.
Investment Management Services: I am available to assist you with on-going investing and management of your assets. As part of these services, you will complete an Investment Policy Questionnaire. From your answers we will develop an Investment Policy Statement that becomes the framework for managing your assets. The Investment Policy Statement documents your investment objectives, the degree of risk you are willing to accept and the benchmarks against which the performance of your investments will be measured. I keep you completely informed of how and why your assets are invested. I will also consult with you before making any adjustments.
The annual Investment Management Agreement fee is based on a percentage of the investable assets according to the following schedule:
0.75% on the first $200,000 in the first year then 0.50% in subsequent years;
0.50% on the balance of assets between $200,000 & $1,000,000;
0.30% on balance of assets over $1,000,000.