Foss Wealth Management helps individuals, pension plans, trusts, and estates develop personalized financial plans and coordinate their financial goals. Foss Wealth Management does not manage investment portfolios directly; instead, the firm refers clients to third-party money managers to handle the actual buying and selling of securities, while earning a portion of the ongoing management fees. Foss Wealth Management also offers standalone financial planning and consulting services covering topics such as cash flow, retirement, tax planning, insurance reviews, and estate planning. Charles Foss, the founder and sole owner, spends a significant portion of his time operating as an insurance agent and may offer insurance products outside of the firm.
Fee Structure
- Comprehensive financial plan — Maximum fee of $2,500, determined based on your unique needs and complexity, covering wills, estate plans, trusts, investments, taxes, and insurance.
- Hourly consulting — $200 per hour for specific financial planning questions.