Communitas Financial Planning PBC is a registered investment advisor based in California that offers comprehensive and modular financial planning, cash flow and debt management, risk management, retirement planning, tax planning strategies, education planning, and estate planning. Communitas primarily assists individuals, families, businesses, and retirement plans. Rather than directly managing investment portfolios in-house, Communitas partners with external third-party investment managers to handle portfolio management, specializing particularly in socially responsible investing. Communitas does not have reportable assets under its direct management because client portfolios are maintained by these third-party managers. The firm is owned and operated by James Frazin and offers its services on an hourly, fixed-fee, or ongoing monthly retainer basis.
Fee Structure
Communitas does not manage your investment portfolio directly. Instead, the firm recommends and coordinates with third-party investment managers who handle your investments, particularly focusing on socially responsible investing portfolios.
- The third-party investment managers charge an annualized fee that generally ranges from 1.00% to 1.80% of the value of your portfolio, depending on the program and account size.
- Communitas receives a portion of this fee, up to 1.00% of the total assets managed, for its consultation and coordination services.
- These fees are separate from any underlying mutual fund or exchange-traded fund expenses.