Petersen and Hicks is a registered investment advisor partnership located in Campbell, California, offering comprehensive financial advisory services, investment portfolio advisory services, and on-request financial consulting and planning. The firm operates on a flat-fee and hourly basis rather than charging a percentage of assets under management. Services include investment planning, cash flow analysis, personal tax planning, retirement planning, estate planning, insurance analysis, charitable planning, education planning, and mortgage or debt analysis. The firm also assists with referrals to third-party investment advisors when appropriate. Founders Ron Petersen and David Hicks also offer income tax preparation services through separate arrangements, and Ron Petersen provides licensed insurance products.
Fee Structure
Petersen and Hicks does not manage investment portfolios for a percentage fee or provide continuous supervisory investment management directly; instead, the firm charges flat fees for investment portfolio advisory services or comprehensive financial advisory services:
- Comprehensive Financial Advisory Services — charged as a flat fee based on scope and complexity, typically not exceeding $20,000.
- Investment Portfolio Advisory Services — charged as a flat fee based on scope and complexity, typically not exceeding $10,000.
- Third-Party Investment Advisors — if you are referred to an outside manager, they will charge their own fee of up to 1.5% per year, but Petersen and Hicks credits any referral fees received against your advisory charges to ensure you do not pay extra.