A comprehensive financial plan serves as a blueprint for your financial life.
I will guide you through a discovery process where you define your future goals and will also help you avoid any blind spots. The biggest drivers of financial success are behavioral: knowing how much you need to save and doing it, avoiding panic selling or chasing last year’s winners. Of course , minimizing investor costs is critical. A plan to do all this covers a lot of topics so we can break it down into manageable chunks or take it on all at once according to your preference.
Prior to the engagement, we will provide you with a “Not to Exceed” engagement price based on estimated work hours. Our fee is $200 per hour.
Here are some typical situations and estimated costs*:
For single individuals and young couples with no children. We'll get you started with a broad-based plan that reviews and makes recommendations for your cash flow, assets and liabilities, best use of employee benefits, financial goal setting, savings and investments. Your plan will set you on your path to financial security. Plan prices typically range between $800 to $1,200.
For mid-career professionals and families. A broad-based plan that includes an analysis of your cash flow, assets and liabilities, insurance review, investments, educational funding, and preparation of a retirement planning model. Your strengths and weaknesses of your current situation are identified along with specific recommendations for moving forward. Plan prices typically range between: $1,500 to $2,500.
For those in or close to retirement. A broad-based plan that provides: a plan for retirement income and the tax-efficient draw-down of your assets, risk and income requirement investment strategies, inheritance/legacy considerations, and a retirement planning model if necessary. Plan prices typically range between $1,800 to $3,000.
Annual updates and reviews are critical to the financial planning process. We will review your plan components and update as necessary, including investment allocations and progress toward your goals, with specific recommendations to keep your plan on track. Annual updates include ongoing access and advice on items in-scope for the entire year. The typical fee is approximately half of the fee charged for your original plan.
*All price ranges given are a guide. All plans and updates are tailored to your specific needs and it is possible that your pricing may fall above or below the plan range given. Prior to any engagement, specific pricing is fully disclosed and agreed to by all parties.
Clients who contract for a comprehensive plan at any level or an annual
update will receive access to the award winning eMoney client portal for the entire year.
Not looking for a broad-based plan?
Maybe you simply want an opinion on the advice that you are already receiving from your current advisor.
Perhaps you have a specific request that is limited in scope and only address one or two specific areas.
We are happy to engage you on a per hour basis to address your specific needs.