Financial Planning Advisors (FPA) provides financial planning, annual review services, and customized investment management. FPA creates financial plans to help clients achieve their goals, covering areas like taxes, investments, insurance, retirement, college funding, and estate planning. FPA also offers ongoing annual review services and manages investment portfolios through various programs, including LPL's Strategic Wealth Management program and third-party asset management.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.25% |
| $250K - $500K | 1.15% |
| $500K - $1.0M | 1.05% |
| $1.0M - $2.0M | 0.80% |
| $2M+ | 0.55% |
Fees are for portfolio management services through SWM accounts. Fees are billed on a pro-rata annualized basis quarterly in advance. FPA may negotiate alternative fees on a client-by-client basis. Annual fees for accounts managed through one of LPL’s sponsored advisory programs ranges from 0.55% to 3.0%. SEI’s annual fees for programs on their platform range from .20% to 1.5% of assets under management.