Beacon Light Planning provides investment advice and financial planning services, including tax, estate, and insurance planning. Beacon offers investment advice based on individual client needs, developing investment plans with asset allocation targets and managing portfolios accordingly. Beacon also offers management of portfolios through Morningstar Managed Portfolios. Financial planning, tax advice, estate planning, and insurance planning are offered on a stand-alone fee basis.
Fee Structure
Beacon Light Planning offers investment advisory services for a fee based on a percentage of the portfolio's market value. There are different fee schedules depending on the investment strategy used:
- Standard Fee Schedule:
- First $500,000: 1.25%
- Next $500,000: 1.05%
- Over $1,000,000: 1.00%
- Morningstar Managed Portfolio Mutual Fund Strategies Fee Schedule:
- First $500,000: 1.10%
- Next $500,000: 1.05%
- Next $1,000,000: 1.00%
- Over $2,000,000: 0.90%
- Morningstar Managed Portfolio Stock and/or ETF Strategies Fee Schedule:
- First $1,000,000: 1.10%
- Next $500,000: 1.05%
- Next $1,000,000: 1.00%
- Over $2,000,000: 0.90%
Fees are negotiable and paid quarterly in arrears. A minimum fee may be negotiated in certain circumstances.