How Financial Professionals Are Paid
A simple comparison of common compensation models in different advisory practices.
| Compensation Model | How It Works |
|---|---|
|
Fee-Only
OUR MODEL |
Paid only by clients through flat fees, hourly fees, planning fees, or asset-based advisory fees. |
| Fee-Based | May receive client-paid fees as well as commissions or other compensation from third parties, depending on the services provided. |
| Commission-Based | Typically compensated through product sales, transaction-based commissions, or other third-party payments rather than direct client advisory fees. |
Based on Planning Scope
Fees vary based on your goals, planning needs, financial complexity, and the depth of analysis required.
Paid in Two Installments
50% of the planning fee is due when services begin, with the remaining 50% due upon delivery of the final financial plan.
Ongoing Fiduciary Management
Investment portfolios are managed based on your goals, risk profile, and investment needs.
Assets Under Management Fee
Advisory fees are based on assets under management and billed according to the schedule below.
| Fee | Assets Under Management (AUM) |
|---|---|
| 1.15% | Up to $500,000 |
| 1.00% | $500,000–$1M |
| 0.70% | $1M–$3M |
| 0.50% | $3M–$5M |
| 0.35% | Over $5M |
