While I offer advice across various financial domains, my primary compensation comes from an asset under management (AUM) fee. Your portfolio serves as the cornerstone of your financial plan, enabling overall success.

The portfolio management fee is charged monthly for those investment accounts that I manage directly for clients. The account types typically include the following: IRA, Roth IRA, Trust, Brokerage accounts and Solo 401K accounts for self employed individuals. It doesn’t include current employer 401K accounts or 529 accounts. I can help with those accounts, but I don’t include them in the fee.

The fee is a Tier structure (see below) where as assets increase the percentage decreases. The fee is deducted from the accounts under management each month by the account custodian, Charles Schwab. The fee percentage noted below is annual, so the fee charged monthly is 1/12 of the below. Also, please note the fee percentage is determined by the aggregated household portfolio of a client, not per account. Therefore, the fee is determined based on the total household portfolio value under management, then allocated to each account based on each account’s percentage of the total.

The minimum portfolio size (AUM) per household is $350,000. If a household does not have the minimum AUM, then in addition to any accounts under management, a minimum fee will be charged via a debit or credit card until the minimum portfolio value is reached. If a household has no portfolio to manage, but is interested in financial planning advice only, then that can be paid via a monthly debit or credit card charge outlined below.

Note: I’m a fee only fiduciary. Therefore, I don’t sell any commission-based products such as insurance or annuities nor do I have relationships with third party mutual fund companies incentivizing me to put their high fee funds in your portfolio. I primarily use low-cost Vanguard ETF’s for investments to minimize the overall investing expense.