Woodmont Financial Partners (WFP) is a fee-only financial planning firm. WFP offers ongoing financial planning to help clients implement existing plans, project-based financial planning for specific issues, and educational seminars. WFP tailors its services to individual client needs and allows clients to place reasonable restrictions on advised securities. WFP does not manage assets.
Fee Structure
Woodmont Financial Partners offers ongoing financial planning, generally only available to clients who have completed a financial planning project with the firm within the past 12 months. This service involves working with a financial planner to implement, monitor, and update an existing financial plan. The annual fee ranges from $4,000 to $20,000, billed monthly or quarterly in advance, depending on the client's needs and complexity. Fees are negotiable.
Woodmont Financial Partners offers project-based financial planning services on a limited scope, one-time engagement. This is available for clients looking to address specific questions or issues. The client may choose from a list of topics to cover or other areas as requested and agreed to by WFP. Clients engaging in project-based financial planning services will not receive a financial plan if this session is intended to be a question and answer session covering the selected topic(s). The fixed fee ranges from $4,000 to $20,000, but will not exceed an hourly rate of $500. Fees are negotiable.