Planning needs can vary widely from client to client. Some clients will have all their questions answered in one Question & Answer Session ($1,050) and Financial Plans can take 35 hours ($15,000) or more. Most clients will be somewhere in-between. This is based on my hourly rate of $430 per hour. The fee includes time to prepare for each meeting, time during the meeting and, in the case of a Financial Plan, creating Action Items and related reports.
Question & Answer Session: $1050
Flat fee.
Financial Plan: $9,500 – $15,000 (or more depending on needs and complexity)
Hourly or monthly.
The cost for a Financial Plan is either pay as you go, with an invoice sent after each meeting, or is broken down into monthly payments. The Introductory Meeting for a Financial Plan is $200 and will be credited toward your plan if we work together.
The only way I’m compensated is by my clients paying me. I don’t receive any referral fees, commissions on products or any other types of hidden compensation.