Joule Financial is an investment advisory firm that provides investment advice and financial planning services to individuals and small businesses. Joule Financial offers basic financial planning at no fee and comprehensive financial planning for a fee. Joule Financial also offers discretionary portfolio management services, tailoring its advice to meet each client's needs and investment objectives. Joule Financial may use sub-advisers to manage a portion of client accounts.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.00% |
The standard annual fee is 1%. For accounts held at TIAA-CREF, the fee is 0.50% annually, billed quarterly in arrears, based on the managed amount. The advisory fee assessed by Joule Financial on 401(k) plans administered by Professional Capital Services ("PCS") is up to 1% annually depending on plan size and scope. Fees are generally non-negotiable, but Joule Financial reserves the right to offer discounts on fees for certain clients.