Red Oak Financial offers wealth management services, including investment management based on model portfolios using ETFs and mutual funds, and financial planning services. Financial planning covers investment, retirement, insurance, savings, and education. Red Oak Financial may recommend independent managers. They act as a fiduciary, prioritizing client interests and mitigating conflicts of interest.
Fee Structure
Red Oak Financial charges a single, combined fee for investment management and financial planning, based on the value of your portfolio. This fee can be up to 1.50% annually, paid quarterly in advance. The exact fee depends on the complexity of services, the amount of assets managed, and the overall relationship. Fees are negotiable. If Red Oak Financial recommends an independent manager, the total fee will not exceed 2.00% annually.