Foundations Financial Planning provides financial planning and investment advice to individuals. This includes helping clients determine their financial objectives, manage cash flow, plan for taxes, review insurance, manage investments, fund education, plan for retirement, and plan their estate. Foundations Financial Planning is a fee-only firm, meaning it doesn't sell financial products or accept commissions. The firm provides a written evaluation of each client's initial situation and periodic reviews.
Fee Structure
Foundations Financial Planning offers ongoing investment advice for a yearly fee based on the amount of your investment assets, including rental real estate and defined benefit pension plans. The minimum annual fee is $750, and the minimum investable assets requirement is $37,500. For example:
- Up to $500,000: $750 per year
- From $500,001 up to $1,000,000: $1,000 per year
- From $1,000,001 up to $1,500,000: $1,500 per year
- From $1,500,001 up to $2,000,000: $2,000 per year
- From $2,000,001 up to $2,500,000: $2,500 per year
- From $2,500,001 up to $3,000,000: $3,000 per year
- From $3,000,001 up to $3,500,000: $3,500 per year
- From $3,500,001 up to $4,000,000: $4,000 per year
- From $4,000,001 up to $4,500,000: $4,500 per year
- From $4,500,001 up to $5,000,000: $5,000 per year
- Above $5,000,000: Depends on complexity