Build Financial Advisors offers investment advice and financial planning to individuals. They create investment strategies based on client goals, risk tolerance, and financial situations, primarily using low-cost ETFs and diversified mutual funds. Financial planning services include retirement planning, education savings, and insurance needs. Build Financial Advisors may refer clients to accountants or attorneys. A conflict of interest exists as the advisor has an incentive to recommend investment management services to increase their fees.
Fee Structure
Build Financial Advisors charges an annual fee based on a percentage of the assets they manage, generally between 1.00% and a negotiable rate. The exact percentage depends on factors like the amount of assets managed and the complexity of the services. This fee is charged quarterly. Additional fees may be charged for advice at an hourly rate of $185-$300 per hour. A per quarter fee may be applied at between $375 to $750 and/or hourly fees ranging between $185 to $300 may apply as well. In the alternative, a flat fee between $300 - $5,000 may be applied on a per project basis.