Long Run Financial, Ltd. was founded in 2007 by Dennis Gravitt, who holds Certified Financial Planner and Accredited Financial Counselor designations. The firm provides personal financial planning, financial counseling, and investment management services directly to individuals and families. Long Run Financial helps clients define financial objectives and develop strategies covering cash flow and budget management, tax planning, risk exposure review, investment management, education funding, and retirement planning. The firm operates on a fee-only basis, meaning compensation comes solely from direct client fees without commissions, referral fees, or soft-dollar benefits. Investment portfolios are managed on a discretionary basis with assets held by independent qualified custodians. In addition to ongoing portfolio management, Long Run Financial offers project-based financial planning, financial coaching, retirement plan reviews, 401(k) analysis, and comprehensive financial plans billed on an hourly or project basis.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $75K | 1.50% |
| $75K - $150K | 1.50% |
| $150K - $250K | 1.25% |
| $250K+ | 1.00% |
Accounts under $75,000 are subject to a $1,000 minimum annual fee. All fees are negotiable.