Beacon Financial Planning offers customized wealth management solutions, combining ongoing personal contact, discretionary investment management, and financial planning. Beacon Financial Planning primarily builds portfolios using low-cost, diversified mutual funds, exchange-traded funds, individual stocks, bonds, and options to match each client's goals, time horizon, and risk tolerance. Beacon Financial Planning also provides comprehensive financial planning services covering retirement, tax strategies, education savings, and insurance needs. The firm typically requires a minimum relationship size of $1,000,000, though smaller accounts under $500,000 are accepted under a flat fee arrangement.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $3.0M | 0.90% |
| $3.0M - $5.0M | 0.80% |
| $5.0M - $7.0M | 0.70% |
| $7.0M - $10.0M | 0.60% |
| $10M+ | 0.40% |
Accounts below $500,000 are subject to a flat fee of $5,000. Fees are negotiable at the sole discretion of the Advisor.