Traction Financial Partners offers investment management on a discretionary or non-discretionary basis, allocating assets among equities, ETFs, and mutual funds. They also provide financial planning services, addressing estate, tax, charitable, cash flow, wealth transfer, investment, retirement, and insurance planning. Traction partners with other advisors to ensure a coordinated approach to clients' goals. They also offer estate planning document creation services through Snug.
Fee Structure
Traction Financial Partners charges a percentage of your portfolio each year for investment management services. The exact percentage is agreed upon in your investment advisory agreement and may vary based on the size of your account, the complexity of your portfolio, and other factors. The fee is calculated based on the average daily balance of your accounts from the previous quarter and is billed quarterly in advance. Cash and money market balances are excluded from billing. The maximum annual advisory fee is 1.35%.