Encover Personal Finance provides comprehensive financial planning and advisory services to individuals and families. The firm does not manage investment portfolios directly, focusing instead on financial planning topics such as retirement planning, tax strategies, employee benefits optimization, estate planning, cash flow and debt management, insurance needs, college savings, and special needs planning. Encover Personal Finance operates on a fee-only basis, meaning compensation comes solely from client fees rather than commissions on products. Clients can choose from one-time financial planning projects, ongoing monthly subscriptions, or hourly consulting engagements.
Fee Structure
Encover Personal Finance charges a monthly fee ranging from $250 to $350 for ongoing planning services, with an initial 12-month commitment. This service includes:
- A comprehensive financial plan covering retirement, cash flow, investments, and taxes
- Quarterly follow-up check-ins and reviews
- Ongoing monitoring and plan updates as your personal circumstances change
- One-time financial plan — $2,400 to $4,000 depending on the complexity of your situation, covering comprehensive goal setting, net worth, cash flow, and a written report
- Hourly consulting — $300 per hour with a 4-hour minimum ($1,200 total) for limited-scope projects or specific financial questions
