Bay Point Financial, founded in 1999, provides financial planning services and refers clients to third-party investment managers. Financial planning includes net worth statements, cash flow analysis, investment reviews, tax planning, retirement analysis, and education planning. Bay Point Financial does not manage investments directly but connects clients with third-party managers like Efficient Advisors and Focus Partners Advisor Solutions.
Fee Structure
Bay Point Financial does not directly manage client investments. Instead, Bay Point Financial refers clients to third-party money managers. These managers charge fees that range from 0.38% to 2.75% annually, which includes the third-party manager's fee, Bay Point Financial's fee, and brokerage/custody fees. Bay Point Financial is compensated via a fee share from the advisors to which it directs those clients.