 |
We believe that every service we provide should be valuable for you and should produce a fair return for us.
For example, we do not use the financial plan as a "loss leader," giving it away and hoping to make up our plan delivery costs with extra profits on insurance or investments. We don’t believe it’s fair to ask investment management clients to pay higher fees every year to cover the costs of their "free" plan (or other clients’ "free" plans).
Our investment management services are also priced fairly. We focus our efforts on the activities the evidence indicates are most valuable to you – identifying and implementing the most appropriate asset allocation, and periodically reporting performance and rebalancing your portfolio.
We believe that you can evaluate a service if you know what it delivers and how much it will cost. We make every effort to make our services transparent, and our pricing crystal clear.
We believe that our fair pricing can save you money:
|
|
|
|
On financial planning |
Our comprehensive financial plans are affordable. Most plans cost between $1,500 and $5,000. |
|
|
|
On portfolio management |
If you currently retain a wrap manager, broker or other fee-based planner, you will likely find that our fees are substantially lower, probably by an average of 50 basis points or more. On a $100,000 portfolio 50 basis points is $500 per year. For larger portfolios, the savings are proportional.
We recommend index funds almost exclusively. Savings on mutual fund expenses can be 100 basis points per year or more. For a $100,000 portfolio, the advantage would be $1,000 per year. For larger portfolios, the savings are proportional. |
|
|
|
On targeted advice |
We provide advice on an hourly basis. You get answers to specific questions without incurring the cost of a full financial plan. We can help with many questions, such as evaluating an early retirement offer or investing an inheritance, for as little as $200. |
|
|
|
1 basis point (1 bp) = .01%. 100 bp = 1%. |
|
| |
|
|
|
|
|
|
