Philip Watson

Philip M. Watson Financial Advisors offers ongoing comprehensive planning through an Open Retainer service, with fees calculated based on total income, assets, and overall financial complexity:

• Initial Year — $5,000 to $10,000, which includes six to eight scheduled meetings covering tax preparation and planning, budgeting, asset allocation, retirement planning, estate plan reviews, and small business planning.
• Renewal Years — $3,000 to $8,000, which generally includes three to four scheduled meetings for ongoing reviews, investment updates, rebalancing, and tax preparation.

Additional phone, email, and face-to-face consultations throughout the year are included at no extra charge.

• Project Retainer — Flat-fee arrangement for specific, narrower concerns such as goal setting, asset and liability analysis, tax planning, cash flow management, investment review, and retirement planning. Hourly billing up to $350 per hour may be used for specific project requests.
• Financial Review — Flat fee of up to $3,500 (or up to $1,500 for clients with a net worth under $100,000) for a two-hour review covering up to three pre-selected financial planning topics.