Larry Mcnamara is a PFS-designated registered investment advisor at Paraklete Financial, INC., based in Harrisburg, AR, with 10 years of industry experience. Larry operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 4 more. Their firm serves 69 clients.
Compensation
Firm Size
IM Fee
Fee Structure
- Simple financial plan — Up to $25,000, typically requiring about 40 hours of work, suitable for clients with a net worth of $1,000,000 to $2,000,000.
- Intermediate complexity financial plan / virtual multi-family office — Generally $96,000, based on approximately 160 hours of work billed at $600 per hour, including four personal plans, one business plan, and selection of outside advisors, suitable for clients with a net worth around $100,000,000.
- Most complex financial plan / virtual single-family office — Generally $174,000, based on approximately 290 hours of work billed at $600 per hour, including five personal plans, business planning, family office creation, and outside advisor coordination, suitable for clients with a net worth around $500,000,000.
- Annual renewal / reassessed ongoing planning — Ranges from $3,000 to $150,000 per year after the first 12 months.
Location
Harrisburg, AR
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Learn about disclosures →Other Business Activities
Larry is the CFO and accountant for 3GS Services, LLC, a general maintenance landscaping company, since January 2024. He dedicates minimal time to this activity.
Employment History
Current Registrations
Paraklete Financial, INC.
Previous Registrations
Mcnamara Financial Planning, LLC
Genworth Financial Advisers Corporation
Genworth Financial Advisers Corporation
State Registrations5 states
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