Blüte Financial Coaching is a fee-only financial planning firm located in Chicago, Illinois, owned and operated by Elizabeth M. Richardson. The firm specializes in providing personalized financial coaching, education, and comprehensive financial planning to individuals and families, specifically focusing on moderate households and those just getting started who may not meet the high investment minimums of larger advisory firms. Services cover a wide range of areas including retirement planning, budgeting and cash flow management, employee benefits review, tax planning, insurance evaluation, and investment portfolio analysis. Blüte Financial Coaching operates on an hourly or per-session fee structure, does not sell financial products or earn commissions, and does not maintain custody of client funds or exercise discretionary trading authority. The firm helps clients implement investment recommendations on a non-discretionary basis.
Fee Structure
- Hourly consulting and comprehensive financial advice — $75 per hour for financial planning, investment advice, or services outside the standard engagement
- Coaching session package — Commitment of 10 coaching sessions for $75 per session, billed monthly (sessions last 1 to 2.5 hours each)
- Financial plan preparation — Billed at a straight hourly rate of $75 per hour (estimated at around 10 hours or $750 total depending on complexity)