We are a fee-only firm: our compensation comes from the fees our clients pay us, and nothing else. There are four ways to work with us, and the full schedule is published below so you know what a financial planner costs before you ever get on a call. Every fee is agreed in writing before any work starts.
Comprehensive Financial Planning Fees
We charge $500 upfront and an ongoing fee that is paid monthly or quarterly, in arrears, at the rate of $200 – $600 per month or $600 – $1,800 per quarter, depending on complexity and the needs of the client.
AUM (Asset Management Fees)
| Account Value | Annual Advisory Fee |
|---|---|
| $0 – $100,000 | 1.50% |
| $100,001 – $500,000 | 1.00% |
| $500,001 and above | 0.95% |
Hourly Fees
Hourly Fees will also be offered to clients who do not require ongoing Comprehensive Financial Planning. The hourly fee will be agreed upon before the start of any work. The hourly fee can range between $200 and $350, depending on complexity and the needs of the client. The fee is negotiable. SWA will not bill an amount above $500.00 more than 6 months in advance. Fees for this service may be paid by electronic funds transfer or check. Upon termination, the unearned portion of the upfront fee will be prorated based on the amount of work completed and refunded to the client. This refund will be issued via check made payable to the client, from the account of SWA.
Project-Based Financial Planning Fees
Project-Based Financial Planning will also be offered on a fixed fee basis for clients who do not require ongoing Comprehensive Financial Planning. The fixed fee will be agreed upon before the start of any work. The fixed fee can range between $500 and $1,500, depending on complexity and the needs of the client. The fee is negotiable. If a fixed fee program is chosen, half of the fee is due at the beginning of the process and the remainder is due at completion of work, however, SWA will not bill an amount above $500.00 more than 6 months in advance. Fees for this service may be paid by electronic funds transfer or check. Upon termination, the unearned portion of the upfront fee will be prorated based on the amount of work completed and refunded to the client. This refund will be issued via check made payable to the client, from the account of SWA.
Not sure which of the four fits you? That is what the first 15-minute call is for. It helps to know what financial planning actually covers, to read through the services and the six-step process, and to look at a full sample financial plan before deciding.
Questions about fees?
Schedule time with me, or send a message and we will get back to you.