Feldman Financial Services refers clients to third-party money managers for investment portfolio advice. Feldman Financial Services also offers financial planning services, including reviews of wills, estate plans, investments, taxes, retirement income, and insurance. Clients can engage other professionals like lawyers and accountants directly. Seminars and workshops are offered to educate the public on investments.
Fee Structure
Feldman Financial Services refers clients to third-party money managers (like Gradient Investments) and receives a portion of the management fees. The total annual fee for investment management depends on the portfolio type:
- Strategic Portfolios: 2.00% (1.00% to the third-party manager, 1.00% to Feldman Financial Services)
- Tactical Portfolios: 1.80% (0.80% to the third-party manager, 1.00% to Feldman Financial Services) plus internal ETF fees of 0.20%
- Allocation & Defined Outcome Portfolios: 1.70% (0.70% to the third-party manager, 1.00% to Feldman Financial Services)
- Preservation Portfolios: 1.00% (0.40% to the third-party manager, 0.60% to Feldman Financial Services)
- Private Wealth Portfolios: 1.50% (0.50% to the third-party manager, 1.00% to Feldman Financial Services)
- Client Directed Accounts: Flat fee of $300 to the third-party manager, $0 to Feldman Financial Services
These fees are negotiable and assessed quarterly. There is also a $15 quarterly technology fee per account or investment strategy.