Hayden Lipp Financial Services is a registered investment advisor based in Sarasota, Florida, offering personal financial planning, retirement income projections, investment advice, and insurance guidance. Founded in 2006 by Hayden Lipp, the firm operates as a single-person advisory practice. The firm focuses on helping individuals, families, trusts, estates, and small businesses define and reach their financial goals. Rather than managing investment portfolios directly or trading without permission, Hayden Lipp Financial Services acts as an independent guide and second opinion, helping clients analyze cash flow, budgeting, tax planning, risk exposure, charitable giving, and business succession. Clients retain control of their accounts and execute trades through brokers of their choice or through recommended third-party managers. The firm offers two main ongoing advisory arrangements: an investment advice service providing periodic reviews and guidance, and a comprehensive financial planning service that includes detailed written plans and ongoing monitoring. Clients may choose between fee-only arrangements based purely on work effort or fee-based arrangements that may involve traditional insurance or investment product commissions through an affiliation with a broker-dealer. The firm is legally required to act in your best interest for all client accounts.
Fee Structure
Hayden Lipp Financial Services offers ongoing guidance through two main annual or quarterly retainer options:
- Investment Advice (Second Opinion) — Costs a minimum of $500 per year, scaling up to $2,000 per year depending on the complexity of your situation. This option includes extensive interviews, risk tolerance analysis, a preliminary assessment of your financial path, up to two formal reviews within the first six months, and limited telephone consultations.
- Comprehensive Financial Planning — Costs between $2,000 and $6,000 for the first year, with renewal fees typically dropping to 50% to 75% of the first-year cost. This option provides a written financial plan with graphical future projections, quarterly internal reviews, unlimited telephone consultations, and direct collaboration with your other professionals like accountants and estate attorneys.
- Concierge Services and Special Projects — Billed at negotiated rates for specific projects such as employee benefit seminars, family discussions, or company financial and insurance plan evaluations.