Fees
Initial Engagement
Initial Engagements are billed at an hourly rate of
$395
Individuals: 7 to 12 hours ($2,765 to $4,740). Couples: 12 to 17 hours ($4,740 to $6,715).
25% of the maximum Initial Engagement fee is due after initial information and data gathering. All time is tracked in 15-minute increments, and the final balance is due once the Initial Engagement has ended. Your total fee is capped at the maximum in our signed agreement.
On-Demand Financial Planning
On-Demand Financial Planning is offered at an hourly rate of $395.
It is billed monthly in arrears (after the work is performed), in 15-minute increments. If no planning work is done, you pay nothing.
What Does an Hourly Financial Planner Cost?
You can know the cost of an Initial Engagement before we ever talk. At $395 per hour, it depends on whether I am planning for one person or for a couple.
- Individuals: 7 to 12 hours ($2,765 to $4,740)
- Couples: 12 to 17 hours ($4,740 to $6,715)
Linking your accounts in RightCapital is the most efficient way to work. Manual data entry from statements may add time, so please tell me early if you plan to send statements instead.
No Asset-Based or Mandatory Ongoing Fees
There are no mandatory ongoing fees or asset-management charges. If we perform planning work together, you pay an hourly fee. If no work is performed, you pay nothing.
I am a fee-only advisor. I receive no commissions or other sales-related compensation, and my only compensation comes directly from clients. Quick emails and brief phone calls are always free of charge.
An Initial Engagement is required for all new clients, but any further planning is completely optional. At the end of the Initial Engagement, I consider myself your financial planner, and you decide if and when to come back.
I want clients to come back because they are getting value from the advice and the relationship, not because they are paying a mandatory ongoing fee. It works like other trust-based professionals, such as lawyers, doctors, and accountants: if you are not happy with the service, you can end the relationship with no strings attached.
Questions About Fees and Billing
For individuals, an Initial Engagement is 7 to 12 hours, a total of $2,765 to $4,740. For couples, it is 12 to 17 hours, a total of $4,740 to $6,715. Both are billed at $395 per hour.
For Initial Engagements, a 25% deposit is due after initial data gathering, with the remaining balance due upon completion. For On-Demand planning, you are billed monthly in arrears (after work is performed) at $395/hour, billed in 15-minute increments.
You will transition to the On-Demand service model; however, any planning beyond the Initial Engagement is completely optional. You will only be billed if planning work is done.
Yes. The introductory call is a free, 30-minute call, and there is no cost for anything before you sign an agreement.
Have More Questions About Cost?
The FAQ page covers billing, deposits, and what happens after your Initial Engagement.