Covenant Financial Planning and Resource Management, INC.
Fee-Only (% of Portfolio)Fixed/Hourly
Covenant Financial Planning and Resource Management offers financial planning and investment management services. Financial planning covers areas like retirement, tax, college funding, and estate planning. Investment management is discretionary, meaning Covenant Financial Planning can make trades without asking you first. The firm primarily uses mutual funds for investment portfolios.
Assets Under Management$290K
ClientsN/A
Advisors1
Avg. per ClientN/A
Avg. per Advisor$290K
Fee Structure
Planning is included in investment management (also available separately)
Minimum Annual Fee:$1,000
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.00% |
| $500K - $1.0M | 0.80% |
| $1.0M - $3.0M | 0.50% |
| $3M+ | 0.25% |
These fees are for Option B (no planning). Option C (Wealth Advisory Services) has a different fee schedule: First $1,000,000: 1.00%; Next $ 2,000,000: 0.90%; Balance over $3,000,000: 0.80%. All fees and minimums are subject to negotiation.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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