OUR PROCESS
We aren't for everyone. If you're just looking for someone to manage investments, we're not the best fit. However, if you're looking for a comprehensive, integrated approach to your overall financial situation, let's talk.
First, we have an introductory phone/Zoom call to learn more about each other, your situation, and your goals, then we will walk you through our process.
If that goes well, we start gathering information from you in order to do a preliminary analysis of your income, spending, investments, debt, insurance, taxes, employer benefits, Social Security, insurance, wills/trusts, powers of attorney and goals to understand your needs.
Then we discuss our observations and if and how we feel that we can add value and what that will cost.
Now take some time to think about it, ask clarifying questions, and make sure that you feel that we can add value. If we both feel its a good fit, we get started.
RELATIONSHIP OPTIONS
Our fees are based on your situation and the services rendered. We have three basic options.
1. Just a Plan. Think of this as going to an architect with your dreams and your budget. We will help you develop a comprehensive plan (blueprints) that you will go implement yourself.
You will be responsible for implementing the recommendations yourself…tax, investment, insurance, estate, etc. This engagement typically lasts 3-6 months. This option is best for the DIY types.
We charge a flat fee for Just a Plan, starting at $5,000.
2. Hourly. You just need a little time and some questions answered. Our hourly rate is $350 per hour.
3. Ongoing, comprehensive financial planning and investment management.
We will help develop the plan and serve as the general contractor, hire sub-contractors, build it, and provide ongoing maintenance and repairs. This option is best for those that want to delegate and go enjoy their lives.
This may include, but is not limited to the following:
- Comprehensive financial planning & goal setting
- Cash flow, budgeting, debt management
- Tax planning and preparation*
- Optimizing Social Security and Pensions
- Health insurance/Medicare/COBRA/ACA consulting
- Consulting for life, health, home, auto, disability, umbrella & long-term care insurance
- Continuous investment coordination and management
- Optimizing employer benefits
- Retirement income planning
- Estate planning* (wills/trusts, financial & healthcare powers of attorney, beneficiary coordination, charitable giving)
- Trust Administration*
- Coordination with other professionals (accountants, bankers, insurance agents, etc.)
- Multi-generational planning – free coaching for children/grandchildren until age 25 or they get married.
- Staying abreast of changing rules and regulations
- Fraud protection and identity theft software
- Ongoing coaching and progress meetings
*Tax preparation & filing, trust administration, and estate planning document creation are done through our various alliances with legal, accounting, and estate planning firms.
For this option, we charge a percentage of the total household portfolio value that we manage.