Fees and Minimums
How we are compensated for the services we provide our clients.
We always attempt to keep you aware of your investment costs and try to choose the compensation structure that makes the most sense for you.
Managed Accounts. Most clients choose this type of relationship because it provides us with the greatest degree of flexibility. We are able to choose those investments that we believe are the “best of the best” including mutual funds, load-waived mutual funds and individual stocks and bonds without paying a commission. Instead, our fee is based on the amount of assets we manage on your behalf. The current rate is between 0.75% - 1.50%, depending on the amount of assets under management. Our minimum account size for this option is $500,000.
Managed Accounts, plus fee for service. The fee collected from managing your assets generally pays for most of the service we provide to you including, but not limited to tax planning, retirement planning, investment planning, etc. However, from time to time we must charge additional flat fees for providing extra services such as helping clients with probate and in-depth estate planning. All additional fees will be discussed and agreed upon in advance. You will never receive a "surprise" bill from us. Our minimum account size for this option is $500,000.
Commission. For some of our clients who we are providing life insurance, disability insurance or long-term care insurance and in rare instances investments (ie. 529 plans) we are compensated through a commission basis. You will never receive a "surprise" bill from us.