How We Get Paid

You deserve transparency and clarity on fees and expenses, especially on how we are paid.  Like most advisors, we can be compensated in several ways depending on the type of services we provide. 

For us specifically: we are compensated primarily through an advisory fee paid when we manage investments and provide ongoing financial planning and advice.  This fee is determined as a % of assets that are managed*:

Up to $100k- 1.55%

$100-800k- 1.3%

$800k-2M- 1%

$2-5M- .825%

$5-10M - .65%

$10-20M- .45%

$20M+- .25%

 

Another way is through fee-only financial planning engagements when we are hired for a flat fee to provide financial planning advice without any investment management whatsoever.  For insurance (life insurance, disability insurance, etc.) or brokerage investments (non-advisory investment accounts), we would be compensated via a commission/sales charge

 

 
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*Fees as of November 20, 2023. The Fees shown are composite fees derived from the fee schedule for the relevant investment option and are based on the asset level invested in each option. The composite fee for any particular investment option (and, therefore, for your account overall) will vary over time due to fluctuations in the asset level being invested. In addition, if you have multiple accounts that may be householded to meet higher fee breakpoints, the fees may be lower than those presented. The Annual Advisory Fee may be calculated according to a “tiered” fee schedule with different fee rates in each tier that may be applied as your accounts assets in the Program increase/decrease; or may be a fixed percentage rate that does not vary (called an “Annual Fee Schedule”). Your Advisor selects the Annual Advisory Fee method, and it is stated in your Statement of Investment Selection document. The Annual Advisory Fee is billed to your Program account quarterly in advance