FEES & SERVICES

As an Independent Fee-Only CFP (r) where integrity and expertise intersect, 2020 Financial Planning LLC offers 2 levels of financial planning and 1 of investment management.

Financial Roadmap

For clients seeking a goals-based financial roadmap incorporating all aspects of their life where money exerts an influence. The financial planning process with a CFP follows the industry standard of starting with a Discovery Call and proceeding to delivering recommendations to the client.

Fee: No asset minimum. This type of engagement is based on a fixed fee. Anticipate paying a Fee Only Financial Planner $1980 or more. Financial planning engagements can average 10 hours or more. This includes all client meetings and the 3 financial plan deliverables.

Hourly Financial Planning

For clients with less complexity in their financial life. Since the same due diligence is required for each client, the financial planning process applies to an hourly model.

Fee: No asset minimum. By the hour. 6 hour minimum. Anticipate paying a Fee Only Financial Planner $212 an hour or more.

Separately, investment management is offered for those seeking professional implementation of portfolio recommendations and ongoing portfolio optimization.

Investment Management

Modern Portfolio Theory and a hybrid of passively and actively managed funds, including DFA funds, are utilized after establishing an evidence-based investment policy with a client. Clients’ accounts are held in custody with an independent 3rd party brokerage firm. Each client has discretion to opt out of investment management if they elect to self manage.

Fee: Percentage of assets.

In searching for a Financial Planner to work with, knowing how they are compensated will ensure you make a more fully informed decision.

Get in touch to further determine what the best model is for your goals and to discover what it’s like to work with a Fee Only Financial Planner.