Flat fee pricing.

The 12 month initial contract is designed to help execute your financial plan. We feel an ongoing relationship is the best method to stay on track and maintain success. After 12 months, your relationship converts to month to month.

We do not work by the hour. In order for us to give you the best advice, we need to dive into all areas of your finances. Working by the hour does not fit our philosophy of providing comprehensive advice.

After the initial 12 months, your relationship with Derive Wealth continues on. Your financial plan is updated annually and we meet throughout the year based on your plan level. However you are no longer under any contract and can cancel anytime.

While we have very few rules set in stone, traditionally we do not. While there is quite a bit of work done upfront, we designed our fees to spread the true cost to us over the years. Instead of charging a setup fee and then reducing your fee, we believe a set and predictable fee is the preferred approach.

Absolutely not! Our pricing is independent of how much money you have or how much money you make. It is strictly based on the complexity of your situation.

The advanced financial plan is designed for those just starting out. The main objective is to organize your documents, establish a foundation, and start implementing initial financial planning techniques such as saving, enroll in company benefits, or paying off debt.

The professional financial plan is designed to reach financial independence. The main objective is efficiency, leveraging the foundation you have built and maximizing your potential. The professional plan includes tax strategies and investment management.

Our private client plan is designed for those in or near retirement and business owners. Additionally, more complex investment portfolios and use of alternative investments fall into this category.

Our fee structure is based on complexity and time involved. For the Advanced & Professional plan, we meet every 6 months. For the Private Client plan, you have the option to meet every quarter. Regardless of the plan you select we are always available by email.

For accounts we manage at Charles Schwab, our preferred method is deducting the fee out of your investment account. For clients with no accounts at Charles Schwab, we can accept credit card payments.

All billing is done in arrears, meaning your payment is processed at the end of every month or quarter. When you initially sign up, there is no charge until you complete your first monthly or quarterly cycle.

Some firms offer financial planning for free. Usually under these arrangements, the firm is receiving compensation through selling products or by taking a percentage of your investments. Under both of these arrangements, the advisor faces a conflict of interest. We charge a financial planning fee to try and remove as many conflicts of interest as possible and soley focus on providing the best advice.

No! The fees you see include both financial planning and the management of your investments.