Advanced Practice Planning offers wealth management services, which combine investment management and financial planning. The firm builds customized portfolios based on each client's specific goals, risk tolerance, and tax situation, primarily utilizing stocks, bonds, mutual funds, exchange-traded funds, and government securities. When clients sign up for wealth management, comprehensive financial planning is included at no additional cost. The financial planning covers a wide range of topics, including retirement planning, tax strategies, cash flow and debt management, estate planning, college savings, and employee benefits optimization. Advanced Practice Planning also offers project-based financial planning for clients who want help with specific questions without ongoing portfolio management, as well as educational seminars and speaking engagements. The firm operates as a fee-only practice, meaning it is compensated solely by its clients and does not accept commissions or product sales fees.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 1.50% |
| $100K - $500K | 1.25% |
| $500K - $1.0M | 1.00% |
| $1.0M - $3.0M | 0.90% |
| $3M+ | 0.75% |
Fees are negotiable. Household accounts may be aggregated. Cash management accounts require a one-time setup fee of $50 to $150.
