Costello Financial Planning offers comprehensive wealth management services acting as a personal chief financial officer for clients. The firm focuses on understanding client goals, creating base financial and investment plans, and providing ongoing portfolio management. Investment strategies are built around long-term buy-and-hold approaches using Modern Portfolio Theory, focusing on asset allocation and periodic rebalancing rather than market timing. In addition to managing investments, Costello Financial Planning assists with cash flow analysis, tax planning, risk mitigation, retirement planning, and estate planning coordination. The firm also offers retirement plan consulting for employer-sponsored plans and services for private foundations. Personal tax return preparation is included as part of the wealth management services.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.99% |
| $1.0M - $2.0M | 0.89% |
| $2.0M - $3.0M | 0.79% |
| $3.0M - $4.0M | 0.69% |
| $4.0M - $5.0M | 0.59% |
| $5M+ | 0.49% |
Fees are billed quarterly in arrears. There is a minimum quarterly billing of $2,500. Fees are negotiable and minimum billing may be waived at the firm's discretion.
