Not only can talking about money be uncomfortable, but the intricacies of how financial advisors work can seem overly complicated. This is likely one of the reasons why investors are confused by wealth management fees and don’t ask for clarification or details. But regardless of the complexities and awkwardness, it’s essential to understand what you’re paying and how these fees impact your investments’ net performance.
At Fiduciary Wealth Management, we feel it is critical for our clients and potential clients to understand how we work, what we charge, and to make it easy to do business with us. We place a high priority on honesty and transparency and strive to make the financial planning process streamlined, economical, valuable, and fun. Here’s a breakdown of what you can expect.
What We Charge
As a fiduciary, fee-only registered investment advisory firm, we do not earn money from any type of kickback or commission for recommending certain securities or investments. We are paid directly by our clients, which reduces conflicts of interest and ensures you come first, always!
Fee Schedule for Investment Management
Asset Minimum $500,000
$500,001 to $1,000,000 = 1.00%
$1,000,001 to $2,000,000 = 0.85%
$2,000,001 to $3,000,000 = 0.75%
$3,000,001 to $5,000,000 = 0.65%
$5,000,001 + = Negotiable
Most of our clients have investable assets of $1 million or greater and come to us for help because they desire a customized, disciplined strategy and a holistic approach to managing their assets and reaching their realistic long-range goals.
One-Time Flat Rate Financial Plan
We also provide comprehensive financial plans at a one-time flat rate of $2,500. This can be helpful for those wanting to see long term cash flow and retirement projections but want to keep managing their own assets.
Retirement plan advisory and consulting/fiduciary services are available to corporate plan trustees and plan sponsors as well at a negotiable rate.
It’s Easy To Get Started!
Our greatest hope is that you will feel confident and secure in our process and what you are paying for our services. We want to make financial planning simple and relieve you of some of your stress. At Fiduciary Wealth Management, we believe that financial planning is critical for your success, but it doesn’t have to be a heavy burden. Get started by scheduling a phone call now!
About Rocklin Senavinin, CFP®
With over 20 years of experience in the financial planning industry, Roc has dedicated his career to helping individuals live comfortably in retirement and enjoy the assets they have spent their career building. He is co-founder of Fiduciary Wealth Management, a fee-only registered investment advisory firm in Little Rock, Arkansas. As a CERTIFIED FINANCIAL PLANNER™ professional, he has advanced training in the holistic process of creating a personal financial plan that addresses a person’s comprehensive needs for the short and long term. To learn more, connect with Roc on LinkedIn or visit www.fidwm.com. If you have questions, feel free to schedule a phone call using this link.
The views expressed represent the opinions of Fiduciary Wealth Management, LLC and are subject to change. These views are not intended as a forecast, a guarantee of future results, investment recommendation, or an offer to buy or sell any securities. The information provided is of a general nature and should not be construed as investment advice or to provide any investment, tax, financial, or legal advice or service to any person.
Additional information about Fiduciary Wealth Management, LLC is also available on the SEC’s website at https://www.adviserinfo.sec.gov/Firm/284324. Please call or email with questions.