Your-Financial-Lifeguard provides financial planning services on various topics like retirement, tax, and estate planning. They also connect clients with third-party investment managers, such as Betterment, to manage their portfolios. Your-Financial-Lifeguard reviews the reports from these managers and helps clients understand the services provided. They do not manage client assets directly.
Fee Structure
Your-Financial-Lifeguard does not directly manage investments. Instead, they connect you with third-party managers like Betterment. You'll pay a combination of Betterment's management fee (0.14%) and Your-Financial-Lifeguard's advisory fee (0.95%) based on the amount managed by the third party. Your-Financial-Lifeguard's advisory fee is negotiable. Fees are withdrawn from your account quarterly by the third-party manager, not Your-Financial-Lifeguard.