Gustafson Financial Solutions is a fee-only financial planning practice operated by Terry D. Gustafson, who holds designations as a Certified Financial Planner, an Enrolled Agent, and a registered investment advisor. Operating since 2003, Gustafson Financial Solutions offers comprehensive financial services including portfolio analysis, personalized asset allocation, commission-free investment recommendations, personal income tax preparation and planning, retirement planning, risk and insurance reviews, estate planning, and special topics such as education funding, budgeting, and debt reduction. The firm emphasizes low-cost, commission-free investing utilizing mutual funds and exchange-traded funds. Gustafson Financial Solutions works with individuals, trusts, estates, and charitable organizations on a retainer, project, or hourly basis.
Fee Structure
Gustafson Financial Solutions charges an annual retainer fee for ongoing financial planning, tax planning, and investment advisory services, determined by a formula based on your income, net worth, and tax complexity:
- First year retainer — ranges from $2,500 to $10,000
- Renewal years — ranges from $1,500 to $10,000
Clients can choose to pay this retainer monthly or quarterly.
- Financial Tune-Ups — $750 for a three-meeting engagement with preparatory time for non-retainer clients seeking specific financial planning assistance
- Hourly consulting — $300 per hour for specific questions or services