You pay a flat annual retainer fee, determined after our initial discovery meeting and based upon the complexity of your financial situation. I receive no outside compensation from any source – no commissions or other conflicts of interest.
My annual fixed fees generally range from $10,000 to $15,000 depending on your specific financial circumstances. Before you engage me, we will review your financial information. You and I will then agree on a fair fee, which will be reflected in our agreement.
While I have no required minimum portfolio size, my services are particularly cost-effective for clients whose investment portfolio is at least $2,000,000.
Wondering how my fee compares to what you pay now?
It’s not always easy to figure out exactly what you’re paying to a broker. They may even say you’re not paying anything, but that’s not accurate. Did you know:
Brokerage firms and insurance agents receive commissions for recommending certain funds – but that expense is built in to the fees you pay.
Other hidden fees are common, but disclosures get buried in a document that's 30-plus pages. Ever heard of a “wrap fee,” a “load,” or a “12b-1 fee?"
Many advisory firms charge a fee based on a percentage of your portfolio value. They may charge 1.25% of assets annually, or perhaps the fee is spread between 6 accounts and you pay it quarterly.
None of this is in the client’s best interest. It’s not right to charge hidden fees. It also doesn’t cost much more to manage $10,000,000 than $1,000,000 – but a 1.25% fee on those amounts translates to $125,000 vs. $12,500.
If fees are overly complex or hidden, how can you be sure it’s worth it or your advisor is trustworthy?
My flat annual fee is simple, transparent and includes no incentive to do anything that isn’t entirely for your benefit.