Easy to understand fees and investment performances
We offer two free consultation sessions to prospective clients.
Existing investment portfolio review, recommendations, and comprehensive report.
$1,000 - $1,500
Comprehensive financial planning analysis review (including net worth, cash flow, investment, retirement income, estate, and insurance analysis). In-depth full analysis with the support of MoneyGuidePro(R).
If you hire us as your ongoing financial advisors with a fee only agreement, we will charge 0.4% ~ 0.8%of your portfolio annually for full all-inclusive services (ongoing investment portfolio management services, tactical investment strategies, regular financial planning review, and other timely services). Fees charged previously from the individual project will be reimbursed with the ongoing engagement.
We want to be fully transparent with you about how and what we charge for our service. And in addition, you will be fully informed about different product fees that are assessed by the companies who administer them.
The fee we charge our clients is commonly called the Asset Under Management (AUM) fee. Included in the AUM fee is ongoing financial planning and investment portfolio management/reviews as well as reviews of other key components of your financial strategy, such as insurance, estate, tax plannings, etc.
The percentage is set as annually, on a quarterly basis in arrears. AUM fees are based upon a percentage of the assets under management and are paid in January, April, July and October, pro-rata if applicable. Fees are paid in arrears at the end of each billing period, and are assessed based upon the account asset value(s) on the last business day of the billing period.
Our fees are competitive compared to other wealth management practices. But the discount through learning makes it even more competitive.
Clients with $650,000 in assets under management (AUM) would be charged 1.00% annually initially, 0.80% annually after 20% discount.
Clients with $2,750,000 AUM are billed .841% annually, 0.67% annually after 20% discount.
Clients with $22,000,000 AUM are billed .568% annually, 0.455% annually after 20% discount.
We are fee only financial planner Minneapolis. We also serve the Saint Paul and Rochester areas. Please, see us for your wealth management as well as financial and investment planning needs.
For example, a $5,000,000 investment portfolio’s fee starts at 0.80%. It will gradually decrease at every anniversary and permanently stop at 20% discount from the original fee after successfully passing 20 educational quizzes. The ultimate fee will be 0.64%
Institutional accounts may commence at the 20% discounted fee. Also, clients represented by qualified professionals (example: CPA, CFA, and CFP) may commence at the 20% discounted fee.