Wealth Mode Financial Planning is a registered investment advisor founded in 2016 and led by Justin Chidester, located in Bountiful, Utah. The firm specializes in comprehensive financial planning, ongoing wealth management, tax return preparation, small business support services, and retirement planning. Wealth Mode uses third-party managers like Betterment Securities and XY Investment Solutions to build personalized, passively managed investment portfolios utilizing exchange-traded funds and mutual funds based on Modern Portfolio Theory. The firm focuses on individuals, families, and business owners, providing guidance on cash flow, student loans, estate planning, employee benefits, and tax strategies. Wealth Mode operates as a fee-only firm, meaning they are legally required to act in your best interest and do not earn commissions from selling products or insurance.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 0.25% |
| $100K+ | 0.10% |
Rates shown include Wealth Mode Financial Planning's 0.10% advisory fee plus Betterment Securities' 0.15% platform fee. Clients not enrolled in ongoing planning pay a $250 minimum annual fee for the first $100,000. Clients enrolled in comprehensive planning pay 0.10% with no minimum household fee.