SERVICES
Retirement Planning
Projections for retirement income, retirement age, and overall success and quality of life when turning your lifetime of savings into a sustainable income source.
Employee Stock Plans
Incentive Stock Options, Restrictive Stock Units, Non-Qualified Stock Options and many more employee benefit plans that are built into your financial plan to determine the most efficient way to manage these plans within the context of your financial picture. Focus is on minimization of taxes and coordination with your accountant to find efficient steps to maximize benefits.
Insurance Planning
Review of existing policies to ensure proper coverage for life, health, disability, long-term care, liability, home and auto insurance. Advanced planning strategies such as Irrevocable Life Insurance Trust planning and much more when necessary.
Investment Analysis
Investment portfolios that are customized to your personality and long term needs. This includes asset allocation, tax-efficiency, tactical rebalancing, outside investment accounts and comprehensive management of your long term plan in relation to your long term goals.
Tax Planning
Minimizing current and future income tax through efficient planning strategies and coordination with your accountant. Planning includes adjustment as necessary to changes in your situation or changes to federal, state, or local tax laws. We do not file your tax returns, but we are involved every step of the way to make sure your tax bill does not reduce your wealth over time.
Estate Planning
Analysis of your current estate plan and potential problem areas that need to be addressed through various estate planning strategies such as trusts, durable powers of attorney, advanced health care directives, and much, much more to ensure your assets are protected and your wishes are observed during life and beyond.
College Planning
Efficient strategies to maximize college savings in pre-college years and carry through to spend-down strategies during college years to maximize financial aid eligibility.
Cash Flow And Debt Management
Incentive Stock Options, Restrictive Stock Units, Non-Qualified Stock Options and many more employee benefit plans that are built into your financial plan to determine the most efficient way to manage these plans within the context of your financial picture. Focus is on minimization of taxes and coordination with your accountant to find efficient steps to maximize benefits.
Miscellaneous
Come to us with any financial question or issue and if we are not the experts to handle your request, we will find the necessary expert and personally introduce you to ensure continuity of service.
Rates and Compensation
Unlimited CFO Services
Comprehensive investment management and financial planning services as well as unlimited access to a Certified Financial Planner™ for all of your financial needs. Requires management of investment portfolio of at least $500,000.
The annual fees are negotiable and are pro-rated and paid in advance on a quarterly basis. The advisory fee is a blended fee and is calculated by assessing the percentage rates using the predefined levels of assets as shown in the above chart, and applying the fee to the account value as of the last day of the previous quarter resulting in a combined weighted fee. For example, an account valued at $3,000,000 would pay an effective fee of 0.63% with the annual fee of $19,000.00. The quarterly fee is determined by the following calculation: (($2,000,000 x 0.70%) + ($1,000,000 x 0.50%)) ÷ 4 = $4,750. No increase in the annual fee shall be effective without agreement from the client by signing a new agreement or amendment to their current advisory agreement.
Advisory fees are directly debited from client accounts, or the client may choose to pay by check. Accounts initiated or terminated during a calendar quarter will be charged a pro-rated fee based on the amount of time remaining in the billing period. An account may be terminated with written notice at least 15 calendar days in advance. Upon termination of the account, any unearned fee will be refunded to the client.
Fixed Retainer
Unlimited access to a Certified Financial Planner™ for development of a financial plan and ongoing maintenance and updates as necessary. You are never “on the clock” and no task is too small. Monthly and quarterly payment options are accepted for a fixed fee that will never go up. Investment management services can be added to this offering, no investment minimum required.
Development of initial financial plan consists of an upfront charge of $1500 - $5000 based on complexity. Retainer fee with the option to pay on a monthly or quarterly basis, in advance, ranges from $400 - $1000 per month ($1,200 - $3000 per quarter) based on complexity. Fees for this service may be paid by electronic funds transfer or check.
Hourly/Project Planning
Test out our services using our fixed hourly cost for access to a Certified Financial Planner™ for your financial questions or projects that don’t require significant amounts of time. This is a great way for newcomers to the financial planning realm to understand the value a Certified Financial Planner™ brings to your financial well-being.
Hourly rates start at $450 per hour. Project fees can be determined and fixed in advance upon request. The fee is due at the completion of the engagement. Fees for this service may be paid by electronic funds transfer or check.