Encover Personal Finance provides financial planning services to individuals and families. They offer one-time financial plans, ongoing planning engagements, and hourly planning engagements. The firm does not offer investment management services. Planning covers areas like cash flow, debt management, college savings, employee benefits, estate planning, insurance, retirement, tax, and special needs planning.
Fee Structure
For ongoing planning, Encover Personal Finance charges $250-$350 per month, paid monthly, for an initial 12-month period. The monthly fee depends on the complexity and needs of the client. Clients work one-on-one with a planner who will develop and help implement their plan. The planner will monitor the plan, recommend any changes and ensure the plan is up to date as circumstances and assumptions made in the plans change.
- One-Time Financial Plan — $2,400 to $4,000, depending on complexity and the needs of the client.
- Hourly Planning — $300 per hour, billed in 30-minute increments, with a minimum fee of $1,200 for the project.
