CoPlanning Financial offers investment management and financial planning services. CoRetire combines investment management and financial planning, while TotalPlan provides short-term financial planning engagements. CoPlanning Financial uses Altruist Financial as a primary custodian. They also utilize third-party investment managers. The firm focuses on understanding clients' financial goals and risk tolerance to provide suitable recommendations.
Fee Structure
CoPlanning Financial offers investment management through its CoRetire service. Instead of charging a percentage of your portfolio, they charge a fixed annual fee based on your total investable assets:
- $0 - $800,000: $4,500 per year
- $800,001 - $1,500,000: $7,200 per year
- Above $1,500,000: $9,900 per year
These fees are paid monthly. If the portfolio uses an outside manager, their fees are separate. CoPlanning Financial requests a 12-month commitment for CoRetire services.