Fee-Only Financial Planning, LC provides financial planning and investment advisory services. They focus on cash flow, tax planning, insurance review, investment evaluation, retirement, and estate planning. They do not sell any financial products and are only compensated by their clients. Investment advice is an integral part of financial planning. They may place trades for clients under a limited power of attorney when engaged to do so if assets are held at qualified custodians.
Fee Structure
Fee-Only Financial Planning, LC's annual fee for investment management is based on a percentage of the market value of the assets under management and a percentage of the client's gross income upon engagement (generally 1.5%). After the first full year, fees are reduced to between a negotiable amount and 1.00% of the value of your portfolio. The firm may also enter into an annual fixed fee arrangement. The annual fee is prorated and paid quarterly, in advance. There may be a minimum annual fee.