Mike Sena Advisors offers personalized financial planning and investment management. Planning covers cash flow, college, retirement, tax, and estate issues. Investment management is discretionary, with client assets held at Charles Schwab. The firm is fee-only, meaning it doesn't sell commissioned products or accept referral fees. Clients receive a written evaluation and periodic reviews.
Fee Structure
Mike Sena Advisors manages investments for clients as part of an ongoing advisory service agreement with a flat annual retainer fee. The minimum annual fee for ongoing financial planning and investment management is $5,000. The annual retainer fee is based on factors including income, investment assets, complexity, number of projected meetings, and projected advisor time. The firm invests primarily in no-load mutual funds, exchange-traded funds, and individual stocks and bonds.