Initial Meeting:
Our initial meeting to discuss your current financial situation is complementary. This includes an analysis of your current portfolio using Morningstar® analytical tools (a $600 value!).
Wealth Planning:
We develop a Wealth Survey for each individual investor before implementing their investment portfolio. Since this assessment of your current situation is essential for developing an effective investment plan, there is no increased fee or separate charge for our wealth planning process. There is no charge for our "second opinion" service. If you want us to update and revise your pre-existing comprehensive financial plan, other than our Wealth Survey, we charge $2,500. This fee is payable when we complete the revision and is not negotiable.
Investment Management Fees:
Financial Guidance Group provides a disciplined, reduced-risk and tax-efficient portfolio management solution to all of our clients. To make our services affordable to all clients, we impose no minimum investment or portfolio size. This gives everyone access to institutional quality services normally provided only to high net worth clients.
| Annual AUM Fee |
Quarterly AUM Fee |
| 1.00% on initial $1,000,000 |
0.25% |
| 0.80% from $1,000,001 - $3,000,000 |
0.20% |
| 0.60% from $3,000,001 - $5,000,000 |
0.15% |
| Fees are negotiable above $5,000,000 |
|
All accounts are subject to a $250 minimum quarterly fee per client household that do not meet the above fee schedule.
You are billed quarterly in advance based on the value of securities, plus cash and equivalents held in your account on March 31, June 30, September 30 and December 31, or the last regular trading day prior to these dates. For the first billing quarter, if your account is not opened at the beginning of a quarter, the fee is based upon a pro-rata calculation of the aggregate value of your assets.
You will authorize your custodian/brokerage firm to automatically deduct the fees from your account and send the fees to Financial Guidance Group by signing a “Letter of Authorization” or other document. If your account does not have a sufficient cash or money market balance to cover the fees or is restricted from automatic debiting of fees, you may deposit additional funds (subject to certain restrictions for IRA accounts and qualified retirement plans) or make payment in an acceptable alternative manner. If you do not deposit additional funds or otherwise make the payment, securities in your account may be sold in an amount sufficient to cover the fees. Your account’s custodian/brokerage firm will reflect the amount of the deduction on your account statement.
