BFSG, operating as Benefit Financial Services Group, provides financial planning and investment management services to individuals, families, and institutions. BFSG offers financial planning, pension consulting, and advice on estate planning and insurance needs. BFSG has two divisions: BFS Wealth Management and BFS Institutional Services.
Fee Structure
BFSG charges an annual fee based on a percentage of the assets they manage. This fee typically ranges from 0.25% to 1.25%, depending on the services provided, the investment strategies used (individual stocks vs. ETFs/mutual funds), and the complexity of your financial situation. A minimum annual fee of up to $5,500 may apply. Some clients pay fixed fees between $300 and $3,000, depending on account size and complexity. Fees are billed quarterly in advance or in arrears, as specified in your contract.