Jim MacKay Financial Planning offers financial planning services and advice to individuals and families. They provide hourly or project-based services, as well as ongoing partnerships with clients who desire financial planning, guidance, advice, and investment management. They aim to understand client goals and design strategies to maximize the probability of achieving them. The firm provides ongoing investment management to clients’ accounts held at an independent custodian.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | Included |
| $2.0M - $3.0M | 0.20% |
| $3.0M - $5.0M | 0.15% |
| $5M+ | 0.10% |
The annual fee for ongoing agreements starts at $6,000 per year and is dependent on the scope of the engagement, total account size, number of accounts, and complexity of the client’s situation. Fees are negotiable in JMFPs sole discretion based on such factors as the composition of the client’s account and the relationship of the client with JMFP.
