Korbitz Financial Planning provides fee-only financial planning, investment consultation, and income tax preparation services. The firm operates as a registered investment advisor and acts as a fiduciary, meaning the firm is legally required to act in your best interest. Korbitz Financial Planning focuses on customized financial advice covering cash flow and debt management, risk management, college funding, retirement and estate planning, and tax planning strategies. The firm does not manage portfolios continuously or maintain custody of client funds, instead offering project-based or hourly investment consultation and financial planning. Clients retain absolute discretion over the implementation of all recommendations.
Fee Structure
Korbitz Financial Planning does not manage investment portfolios continuously. Instead, the firm offers investment consultation services on an hourly or project basis to design custom portfolios or review existing holdings:
- Hourly rate — $460 per hour for work by the principal, and up to $230 per hour for paraplanner or administrative support.
- Fixed project fee — Typically ranges from $3,000 to $7,500 depending on the complexity of your situation.
