Vista Financial Planning, led by Sophie Kaluziak, provides financial planning and investment advisory services to individuals and families. Vista distinguishes itself by offering services to meet your investment needs, as well as tax, estate planning, risk management, and retirement planning. Vista does not sell insurance or investment products and does not accept commissions.
Fee Structure
Vista Financial Planning offers two Open Retainer contract options:
- One Year Standard Open Retainer: Provides scheduled meetings over a 12-month period, typically monthly. After the initial 12-month period, the client enters the renewal phase with 2-3 appointments per year.
- Two Year Standard Open Retainer: Provides scheduled meetings over a 24-month period, typically every other month, plus additional tax planning, tax preparation, and portfolio rebalancing appointments. After the initial 24-month period, the client enters the renewal phase with 2-3 appointments per year.
The fee for the One Year Standard Open Retainer is determined by adding a base fee ($1,500 without tax preparation or $1,850 - $2,250 with tax preparation), 1% of total income excluding capital gains, and 0.5% of all marketable assets (excluding home equity). The minimum fee is $4,200.
The fee for the Two Year Standard Open Retainer is the combination of the One Year Standard Open Retainer fee plus a Renewal Year fee. The minimum fee is $6,300.
Renewal Year Fee utilizes the total computed from the three components above and multiplies the total by 50% to determine the renewal year fee. If the calculated renewal fee is less than ½ of 1% of marketable assets, then the renewal fee will be ½ of 1% of marketable assets. The minimum renewal year fee is $2,100.
Vista Financial Planning may occasionally work on a financial planning project and will bill on an hourly basis for time taken to complete the project. The hourly rate for projects is $300 per hour. Fees are negotiable for these projects.
