Planning Alternatives is a registered investment advisor that offers wealth management services, including financial planning and discretionary investment management. Founded in 1983 and based in Birmingham, Michigan, Planning Alternatives helps clients navigate retirement income, tax planning, estate planning, insurance, education funding, and business owner strategies. The firm uses Modern Portfolio Theory to build globally diversified, cost-conscious portfolios using mutual funds, exchange-traded funds, individual stocks, and bonds. In addition to individual wealth management, Planning Alternatives provides family office services, advisory services for employer-sponsored retirement accounts, and fiduciary management for qualified retirement plans subject to federal retirement plan rules.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 0.95% |
| $2.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.50% |
| $10.0M - $25.0M | 0.35% |
| $25.0M - $50.0M | 0.25% |
| $50M+ | 0.20% |
Fees are billed quarterly in arrears based on end-of-quarter account values. Family member house-holding of tiered billing rates is available. Fees are negotiable under certain circumstances.
