Gen Y Planning offers financial planning and investment consultation services. For investment management, Gen Y Planning uses Betterment, assisting clients in selecting an allocation model and acting as a communication conduit. Financial planning covers cash flow, debt management, risk management, employee benefits, retirement, tax, education, and estate planning. Clients can choose broad-based or modular planning. Gen Y Planning does not provide legal, accounting or insurance services.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1000K | 0.88% |
| $1.0M - $2.0M | 0.78% |
| $2M+ | 0.63% |
The above Annualized Asset Based Fee excludes Betterment’s fee which is a maximum of 0.12%. The maximum asset-based fee assessed would therefore be 1.00% (100 basis points), except if a client wants to invest in one of Betterment's crypto portfolios, Betterment charges a 1% platform fee for those portfolios, which is in addition to our fee.