The Right Way To Pay For Advice
Flat Fee Pricing Based On The Advice You Need, Not How Much Money You Have.
FINANCIAL PLAN PRICING
- Identify Personal Goals
- Establish Monthly Budget
- Investment Recommendations
- Net Worth Statement
- Debt Analysis
- Beginner Plan Plus:
- Income Tax Projection
- Tax Reduction Strategies
- Personal Liability Analysis
- Estate Planning Analysis
- Advanced Plan Plus:
- Custom Investment Portfolio
- Investment Tax Loss Harvesting
- Individual Stock Analysis
- Small Business Planning
INVESTMENT MANAGEMENT PRICING
- 3 Diffrent Risk Levels
- Managed by Dimensional Funds
- Automatic Rebalancing
- Global Diversification
- Performance Reporting
Flat Fee Pricing
Know exactly what you are paying with our 100% transparent fee structure. No more awkward conversations around fees.
1 Year Contract
You initial contract is for 12 months from the date you sign up. After 12 months, you may cancel at anytime.
Have peace of mind knowing that your fee is based on the complexity of your situation, not the value of your accounts.
We want to make financial planning cost effective for everyone. Select monthly or quarterly payments to easily fit your budget.
Every Relationship Includes:
Have confidence knowing you will work directly with me, not a rotating staff of advisors.
Together we can tackle any obstacles thrown your way. Contact me anytime your plan needs to be updated.
Financial planning is personal. Be worry free knowing your discussions with me will remain private.
+ Why do you have a 12-month initial contract?
The 12-month initial contract is designed to make the monthly or quarterly payments more manageable. For example, instead of charging you $1,200 up front for the Advanced plan, you can pay $100 per month over 12 months. Additionally, you have access to me anytime during the 12 months, which helps if your financial plan takes longer to implement.
+ What happens after 12-months?
After the intial 12 months, your relationship with Derive Wealth continues on. However you are no longer under any contract and can cancel anytime.
+ Does your pricing depend on how much money I have?
Absolutely not! My pricing is independent of how much money you have or how much money you make. It's strictly based on the complexity of your situation.
+ What's the difference between a digital and custom plan?
A custom financial plan is hand written by me and the most comprehensive plan I offer. The custom financial plan is approximately 20 pages delving into every area of your finances.
A digital financial plan is created by the financial planning software I use, MoneyGuidePro. These plans are great to analyze a single goal and to get organized. However a digital plan lacks the income tax, personal liability, and estate planning analysis.
+ How many times can I meet with you?
I don't believe in limiting your contact with me with a maximum number of appointments or conversations. If you need help, I want to be there.
As a gauge, for in person meetings I like to meet at least once per year and usually at most up to 4 times per year. You can also email or call anytime.
+ Can I pay with a credit card?
Yes! Earn all the points you like.
+ How does your billing work?
All billing is done in arrears, meaning your payment is processed at the end of every month or quarter. When you intially sign up, there is no charge until you complete your first monthly or quarterly cycle.
+ Why do you charge for financial planning?
You are correct, most companies offer financial planning for free. Usually under these arrangements, the company is making money by trying to sell you products or by convincing you to let them manage your investments.
Under both of these arrangements, the advisor faces a conflict of interest by recommending products and services that may only benefit them, not you.
+ What's the benefit of flat fee pricing?
Most financial advisors charge a percentage of your investments, on average 1%, to create a financial plan for you.
This has two major flaws: First, to receive professional advice you need to have significant money to invest. Second, as your investments go up in value (which they should!) so does your fees.
I don't believe financial advice should get more expensive over time. Charging a flat fee allows me to provide advice independent on how successful your investments are.