Effective Finance LLC offers financial planning services to individuals and high net-worth individuals. The firm provides ongoing and project-based financial planning, covering areas like budgeting, college savings, employee benefits, financial goals, insurance, investment analysis, retirement planning, risk management, and tax planning. Effective Finance does not offer investment management services and is compensated solely by client fees.
Fee Structure
Effective Finance charges a recurring fixed fee for ongoing financial planning based on your net worth, paid quarterly or monthly in advance.
- $0-$500,000 — $3,000/year
- $500,001 - $1,000,000 — $4,000/year
- $1,000,001 - $2,000,000 — $6,000/year
- $2,000,001 - $5,000,000 — $8,000/year
- $5,000,001 - $10,000,000 — $12,000/year
- $10,000,000 and Above — $20,000/year
The final fee is negotiable and depends on your specific needs, complexity, and the resources required.
Effective Finance charges either a fixed or hourly fee for project-based financial planning. Fixed fees range from $500 to $10,000. The hourly rate is $250. The final fee is negotiable and depends on your specific needs, complexity, and the resources required.