Financial Compass Investment Services (FCIS) offers financial planning on a fixed or hourly fee basis. FCIS also acts as a co-advisor with third-party managers like Matson Money and Efficient Advisors, helping clients with paperwork, updating client information, and reviewing statements. FCIS receives a portion of the management fees from these third-party managers. FCIS does not manage client assets directly.
Fee Structure
Financial Compass Investment Services (FCIS) does not directly manage client investments. Instead, FCIS recommends third-party managers (TPMs) like Matson Money and Efficient Advisors.
With Matson Money, FCIS's fee is a maximum of 0.50% to 1.34% of your portfolio per year, which is negotiable. Matson Money deducts the fees from your account. Matson Money also receives fees of 0.50% per year on the average net assets of each series of the Matson Fund.
With Efficient Advisors, the maximum annual fee is 1.34%, with Efficient retaining 0.35%. This fee is also negotiable. Efficient deducts the fees from your account monthly.