Memento Financial Planning (MFP) provides investment advice and financial planning services to individuals and families. MFP manages investment portfolios based on clients' individual needs and goals. MFP also offers financial planning services, including ongoing comprehensive planning, project-based planning, and hourly financial planning. Financial planning covers areas like retirement, taxes, estate, and insurance.
Fee Structure
MFP charges a fixed monthly or quarterly fee for investment advisory services, ranging from $6,000 to $12,000 annually, or $1,500 to $3,000 per quarter. This fee is based on 1% of client assets under management upon engagement and is re-evaluated annually. Financial planning is included in this fee. If the fixed fee exceeds an annual rate of 2% of the client’s assets under management, the client must pay fees directly.