Barnett Financial Planning is an independent registered investment advisor based in Tustin, California, founded by David I. Barnett. The firm provides hourly, project-based, and ongoing financial planning and investment advisory services to individuals and families from all walks of life, without income or asset minimums. Services cover current financial status evaluation, cash flow and debt management, risk management, college funding, retirement planning, estate planning, tax planning, and investment selection. Barnett Financial Planning uses a long-term, passive, buy-and-hold investment strategy focusing on low-cost index funds and exchange-traded funds. The firm operates as a fee-only practice, meaning compensation comes solely from direct client fees rather than commissions or product sales.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | Included |
| $500K - $1.0M | Included |
| $1.0M - $2.0M | Included |
| $2M+ | Included |
Fees are charged as a flat annual dollar amount based on investible assets rather than a percentage of assets: under $500K is $3,500; $500K to $999,999 is $5,500; $1M to $1,999,999 is $7,500; $2M and above is $11,500. First year includes a $4,000 financial planning fee.
