Our detailed discovery, implementation, and monitoring process is called AdviceLink®. We use this process to organize and maintain comprehensive financial plans. By working with us, you will remain accountable to your goals and dreams, save time, and reduce worry.
Our commitment to service is reflected in our cost model being transparent, reasonably priced, and simple to understand. Our initial cost for AdviceLink® is based on complexity using factors associated with your current financial position and our expertise.
Investment advisory services such as fee based financial planning makes us fiduciaries, this is not something we take lightly. We always strive to provide the highest possible level of care, which is a key distinction from other financial services offerings.
Separate from the financial plan and an advisors' role as financial planner, an advisor may recommend the purchase of specific investment or insurance products or accounts. These product recommendations are not part of the financial plan and clients are under no obligation to follow them.
|LOW COMPLEXITY||MEDIUM COMPLEXITY||HIGH COMPLEXITY|
|Dependents||None||1+||Blended family or special needs|
|Household Income||Less than $150k||$150k - $500k||$500k+|
|Net Worth||Less than $250k||$250k - $1m||$1m+|
|Income Sources||W-2||Self employment income||Trust, business|
|Protection Needs||Organize current coverage||Gap analysis||Business or estate|
|Estate Needs||Minimal estate needs||Beneficiary designations||Asset titling|
|Investment Planning||Portfolio Analysis||Detailed Asset Allocation||Stock Options or RSU|
|Tax Management||Simple Form||Long Form||Gain / Loss Harvesting|
|Retirement||Retirement Projection||Multiple Scenarios||Distribution Planning|
|College Cost||General concept||Multiple Scenarios||Distribution Planning|
|Employee Benefits||Benefit Analysis||Pension & 401k Analysis||Stock Options / RSU|
|Debt Management||Mortgage Analysis||Student Loan, debt management||Family loan, private business|
|Total Initial Cost Estimate @$300 / hr||$1,500 - $3,000||$3,000 - $4,500||$4,500 - $6,000|
Ongoing cost for AdviceLink® is based on net-worth using the following schedule. Ongoing advice commences after the initial client onboarding process is completed, presuming an ongoing advice relationship is desired. Generally, this is 3-6 months after the initial engagement.
Ongoing advisor cost may be paid in-part from portfolio assets under direct management, or a fixed-cost separate from investable portfolio assets. Our model uses a net-worth metric aligning our interests so as you do well, we do well. Net Worth is defined as investable portfolio assets considered available to be managed. Calculations generally exclude 6 months of cash emergency funds, home equity, business property, personal use property, unvested /executed stock options or units, and gifted assets such as 529/UTMA/Coverdell assets. Cost may be adjusted annually based on Advisor's formula at those times.
|NET WORTH 1||TOTAL COST RANGE / YEAR|
|First $250k||$1,500 - $3,000|
|BETWEEN: $250k - 500k||$3,000 - $5,000|
|BETWEEN: $500k - 750k||$5,000 - $7,500|
|BETWEEN: $750k - $1m||$7,500 - $9,000|
|BETWEEN $1m - $2m||$9,000 - $15,000|
1 Net Worth includes investment portfolio assets considered to be managed. Calculations exclude business property, personal use property, home equity, unvested stock options, 529/UTMA/Coverdell assets. Cost is adjusted annually based on the Advisor's formula at those times.