Beacon Financial Advisory offers personalized portfolio management and financial planning services. Beacon Financial Advisory builds custom investment strategies using asset allocation, fundamental and technical analysis, and modern portfolio theory. In addition to managing investments, Beacon Financial Advisory provides retirement planning, tax planning, estate planning, and insurance consulting. Clients can choose between wrap fee accounts—which bundle management, custodial, and trading costs into a single fee—and traditional non-wrap accounts where trading costs are paid separately. Beacon Financial Advisory also offers retirement plan consulting for employee benefit plans and utilizes third-party investment managers for certain portfolios. Many of Beacon Financial Advisory's representatives are licensed insurance agents or registered representatives of a broker-dealer, creating potential conflicts of interest regarding commission-based product sales.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.61% |
| $1.0M - $2.0M | 1.31% |
| $2M+ | 1.31% |
Rates shown are for non-wrap portfolio management. Wrap fee portfolio management is also available with higher rates (1.80% for the first tier and 1.45% for the second tier). Fees are generally negotiable for accounts over $2,000,000.