FSO Wealth provides comprehensive financial planning and investment management services to individuals and high-net-worth individuals. The firm offers ongoing financial planning, standalone comprehensive financial plans, project-based financial planning, hourly consultations, and ongoing investment management services either as a stand-alone service or bundled with planning. FSO Wealth tailors its strategies to each client's specific goals, time horizon, and risk tolerance, incorporating asset allocation, Modern Portfolio Theory, and Monte Carlo analysis. The firm operates as a registered investment advisor founded by Warren Bernhard Covert and does not require a minimum account size.
Fee Structure
FSO Wealth offers investment management as a stand-alone service or as an add-on for planning clients. The firm charges a fixed annual fee ranging from $0 to $50,000, plus a possible one-time onboarding fee ranging from $0 to $5,000. The onboarding fee covers the initial account review, investment analysis, and setup, while the annual fee covers ongoing portfolio monitoring, investment oversight, and rebalancing. Fees are billed quarterly in advance.