Spectrum Strategies is a registered investment advisor based in Dallas, Texas, providing personalized financial planning and consulting services. Spectrum prepares comprehensive, written financial plans tailored to each client's specific goals, covering areas such as retirement accumulation, education funding, risk management, estate planning, tax strategies, and family wealth transfer. The firm operates on a fee-based model, charging for plans and consulting projects based on complexity, income, and net worth. Spectrum does not manage or retain custody of client funds and does not exercise authority to make trades without asking first. Advisors at Spectrum may also be registered representatives of LPL Financial or insurance agents with MassMutual Life Insurance Company, creating potential conflicts of interest regarding product recommendations. Spectrum works primarily with individuals, business owners, and corporate groups.
Fee Structure
Spectrum Strategies offers ongoing annual reviews of financial plans starting at a minimum of $1,000, or 50% or less of the original plan cost, depending on the complexity of the client's financial situation.
- Initial comprehensive financial plan — Starts at $1,000, with the exact price depending on household income, net worth, and overall complexity
- Hourly consulting — $150 to $200 per hour for a financial planner, and $60 to $80 per hour for staff