Encompass Financial Services provides financial planning and investment management services. They work with individuals, pension plans, trusts, estates, charities, corporations, and business entities. Encompass Financial Services offers wealth planning ideas and strategies to address a client's total financial picture. They may recommend affiliated CPA firm Solstice Tax Solutions, creating a conflict of interest.
Fee Structure
Encompass Financial Services charges a percentage of your portfolio each year for investment management. The specific fee is based on the size of your portfolio, how complex it is, and how much activity there is in the account. The maximum annual fee is 1.25%. There is a minimum quarterly fee of $1,250 ($5,000 per year), which may be negotiable. Fees are charged in advance each quarter.