Vermillion Financial Advisors provides comprehensive financial planning, consulting, and non-discretionary investment advisory services to individuals, pension plans, business entities, trusts, estates, and charitable organizations. Founded in 1988 and based in South Barrington, Illinois, the firm offers personalized financial planning covering retirement, taxes, estate planning, insurance, and education funding. For investment management, clients can choose between pre-designed model portfolios or custom portfolios tailored to their specific financial goals and risk tolerance. Vermillion Financial Advisors operates on a fee basis, charging either hourly rates, flat project fees, recurring planning retainers, or asset-based fees depending on the selected service.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.20% |
| $1.0M - $2.0M | 1.05% |
| $2.0M - $3.0M | 0.90% |
| $3.0M - $5.0M | 0.75% |
| $5M+ | 0.60% |
Rates reflect the annual fee schedule for annual IPRAMS reporting. Quarterly and semi-annual reporting frequencies carry higher percentage rates. Target Investment Portfolios charge a flat 1.00%.