AdviceOnly provides comprehensive financial planning and advisory services without managing client investment portfolios. Founded in 2024 and registered as a Public Benefit Corporation, AdviceOnly specializes in helping individuals, high net worth individuals, and businesses achieve their financial goals through personalized guidance. The firm offers ongoing financial planning, project-based planning, and hourly consulting. Because AdviceOnly does not manage assets or execute trades, clients retain full control over their investment accounts and implementation. AdviceOnly operates as a fee-only firm, charging fees based on the complexity of the client's situation, the scope of the engagement, and the experience of the advisor. AdviceOnly does not accept commissions, product sales fees, or compensation from third parties, ensuring clients receive objective advice.
Fee Structure
AdviceOnly charges an upfront fee ranging from $0 to $10,000 for onboarding and data gathering, plus a recurring annual fee ranging from $0 to $25,000 for ongoing guidance. The total fee depends on the complexity of your financial situation and is payable monthly, quarterly, or on an agreed schedule. Ongoing planning includes:
- Regular meetings throughout the year to monitor your progress
- Follow-up communication via phone or email
- Plan monitoring, updates, and assistance with executing action steps
- Project-based financial planning — a flat fixed fee ranging from $0 to $50,000 depending on the complexity of your situation and scope of services, covering specific topics and resulting in a detailed written or electronic plan.
- Hourly financial planning — charged at a rate ranging from $50 to $600 per hour for specific discussions and guidance, with meeting summary notes provided upon request.
