We are passionate about offering a flat-fee only pricing structure to deliver ethical, high-quality services that are fair, transparent, predictable, and accessible.
We believe in an annual flat-fee structure that compensates us for our expertise and the services that we provide, rather than a client’s portfolio size.
Working with a flat-fee financial advisor reduces conflicts of interest and allows more of your money to compound for you, not against you.
We don’t believe in charging someone more just because they can afford to pay it.
Unlike most advisors, our ongoing annual fee is not tied solely to the amount of your investable assets. The size of your investment accounts is generally a subpar indicator of the complexity of your financial life and therefore a subpar indicator of the amount of time and resources necessary to provide you proper planning and advice. Most advisors whose fees are based on assets under management charge between 1.0% to 1.5% per year. On an account size of $1,000,000, the annual fee would normally be between $10,000 to $15,000 per year. And the larger the account, the more the fee...even if it isn't any more time or work required!
Many financial advisory firms claim that their interests are aligned with their clients’ when they charge a % of the assets they manage. It’s true, they want the account to perform well and to avoid losses, just like the client. This sounds good, but it’s not the whole picture.
First, most clients’ goals are not to increase the assets held by their financial advisor indefinitely and be the richest in the graveyard. Of course, they want to see a positive return on their portfolio, but their actual goals have much more to do with things like translating their hard-earned money into lifelong memories through family experiences, feeling secure about their finances and leaving a legacy for their loved ones.
Why does this distinction matter?
Consider the following scenarios and the conflicts of interest that could arise for your advisor if their compensation is directly tethered to the amount of assets you have under their management: