Professional Financial Advisors (PFA) provides financial planning services through its Financial Advisors (FAs). PFA offers customized financial plans for individuals, pension plans, trusts, estates, corporations, and businesses. PFA's approach is conservative, focusing on building a sound financial foundation. FAs may also recommend and purchase specific securities and products on behalf of a client through their affiliation with Independent Financial Group, LLC (IFG).
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1000K | 1.00% |
| $1M+ | 0.75% |
The advisor may be compensated on performance-based asset allocation mutual funds for "qualified clients" (individuals that have invested over $1,000,000 or have a net worth of over $2,100,000). In performance-based compensation, the client will not be charged if the value of the Account were to drop below the initial investment amount “the first high-water mark” (HWM). If the Account value at the end of the next month is higher than the original HWM then a new HWM is established and a performance fee of 10% is charged only on the difference between the two HWM and a new HWM is established. If the Account value drops below the new HWM then no fee is charged. Only if the Account appreciates above the new HWM is a fee charged and a new HWM is established. The calculation is performed at the end of each month and charged at the end of the quarterly.