Guidance Wealth Advisors offers wealth management services that combine investment management with financial planning. They create customized financial plans covering investments, income, insurance, retirement, and education funding. They manage investment accounts with discretionary authority, often using independent money managers. They also act as a solicitor, referring retirement plan clients to WealthPlan Investment Management for a fee.
Fee Structure
Guidance Wealth Advisors charges a one-time fixed fee between $1,000 and $10,000 for creating your initial financial plan. After that, they charge an annual fee based on the value of your investments. While most clients pay 1.40% per year, this fee is negotiable and may be higher or lower depending on the size of your account and other factors. This fee includes the cost of any independent money managers they select to manage your account.