P23 Financial offers financial planning services for a fixed fee. P23 Financial also refers clients to third-party investment managers (TPMs) to manage their portfolios. P23 Financial monitors the performance of the TPMs to ensure they align with the client's goals. The firm's president also offers insurance products and services as a sole proprietor. P23 Financial does not manage client assets directly.
Fee Structure
P23 Financial does not directly manage investments. Instead, P23 Financial refers clients to third-party investment managers (TPMs). The fees for these managers vary depending on the manager and the amount invested. P23 Financial receives a portion of the management fees charged by the TPM as a referral fee. The client's fee will be based on a percentage of assets under management and will be disclosed prior to signing an agreement.