I will meet with you to understand your unique circumstances, objectives, and motivations for seeking a Financial Advisor. This meeting also serves as a chance for you to inquire about the process. Should we both concur, we can then proceed to arrange a comprehensive Discovery Meeting.
During this meeting, we will delve into more specific details, and I will provide a high-level overview of how I can assist you. The objective is to confirm that there's a mutual fit and to decide if we wish to proceed with collaboration. Should we reach an agreement, I will forward a contract to you post-meeting. Upon signing, we will arrange our initial working session.
In this meeting, we've established our agreement to collaborate, marking the commencement of our work. We will start by collecting documents necessary for developing your plan, including tax returns, pay stubs, mortgage or rent statements, investment statements, credit card statements, wills, estate plans, and more. Additionally, we will begin to clearly outline your goals and examine your current budget. Equally important, we will assist you in organizing all your documents.
The complexity of your financial situation and goals determines the effort required for this step. Following our discussions, I will formulate an initial plan within 3-6 months after our Discovery Meeting, depending on the complexity. We will reconvene to review and refine the plan based on your input. For intricate plans, the process may unfold in phases over 6-12 months to implement all elements of a comprehensive financial plan. The initial plan will consider your current income, assets, savings rates, and goals, establishing a baseline and enabling us to evaluate the plan's underlying assumptions. Once the initial plan is in place, we will begin examining potential changes to enhance tax efficiency throughout your lifetime, adjust asset allocations in line with your goals and risk tolerance, assess risks to your objectives, and implement necessary modifications to bolster the likelihood of fulfilling your financial and life aspirations.
For some individuals, this entails taking the required steps within a set timeframe to execute your plan. For others, it involves my assistance or even handling some steps on your behalf. The extent of service you receive and the intricacies of your distinct plan will dictate this.
Periodic meetings will be scheduled to assess the plan's progress and implement adjustments tailored to your changing needs and preferences. For some, this may entail one or two meetings annually, while for others, it could mean quarterly meetings or even more frequent encounters, depending on the level of complexity.
Minimum 4 hours
Upfront Fee equals fee for one month. Ex. Contract is $3600/year, upfront fee will be $300 at signing of contract and then $900 billed quarterly in arrears. Pricing depends on complexity and is negotiated in advance.
(Financial Planning Fees Waived for AUM over $750,000)
$1,000,001 - $5,000,000
$5,000,001 - $10,000,000
$10,000,001 +
All prices negotiable.
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