Modern Capital Concepts is a registered investment advisor based in Chicago, Illinois, providing financial planning and consulting services. The firm prepares comprehensive written financial plans covering investment planning, insurance planning, retirement planning, tax planning, portfolio review, and asset allocation. In addition to full financial plans, Modern Capital Concepts offers limited-scope services such as the Financial Check-Up and Personalized Financial Strategy, as well as workplace wellness programs and general consulting. The firm does not manage investment portfolios directly or hold assets under management, and clients retain full responsibility for implementing any recommendations. Modern Capital Concepts also offers educational seminars and workshops on an impersonal basis. The firm is owned and operated by Khloé Karova, who is also a registered representative of a securities broker-dealer and a licensed insurance agent, creating potential conflicts of interest regarding commission-based product sales.
Fee Structure
Modern Capital Concepts offers ongoing planning and mastermind options:
- Personal Financial Planning — $125 per month with a 12-month minimum commitment for individuals under 35
- Business Brain Trust — $250 per month with a 6-month minimum commitment for experienced professionals
- Financial Check-Up — $900 for the first 2 hours, then $500 per hour for additional time, covering cash flow, debt management, investment education, retirement planning, college savings, and insurance needs
- Personalized Financial Strategy — Fixed quarterly fee of $2,000 per three-month period for extensive assistance covering cash flow, debt management, investment education, retirement planning, college savings, insurance needs, tax and estate planning, divorce financial analysis, and small business consulting
- Standard Hourly Consulting — $450 per hour
- Financial Wellness Lunch and Learn — $3,000 per program
- General Consulting Services — $2,000 per day